Huaiji Dengyun Auto-parts Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 04:31 am EDT
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Huaiji Dengyun Auto-parts (Holding) Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 114.09 million compared to CNY 115.1 million a year ago. Revenue was CNY 114.09 million compared to CNY 115.1 million a year ago. Net loss was CNY 3.53 million compared to net income of CNY 4.34 million a year ago. Basic loss per share from continuing operations was CNY 0.0256 compared to basic earnings per share from continuing operations of CNY 0.0314 a year ago. Diluted loss per share from continuing operations was CNY 0.0256 compared to diluted earnings per share from continuing operations of CNY 0.0314 a year ago.
Huaiji Dengyun Auto-parts (Holding) Co.,Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of automotive engine intake and exhaust valve series products. The Company's main products include accessory product diesel engine valves, accessory product gasoline engine valves and maintenance market valves. The Company's products are mainly used in automobiles, motorcycles, agricultural machinery, construction machinery, ships, railway internal combustion engines, oil rigs and internal combustion engine generator sets. The Company distributes its products in domestic market and to overseas markets.