Shanghai Xinpeng Industry Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 03:56 am EDT
Share
Shanghai Xinpeng Industry Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,396.18 million compared to CNY 999.55 million a year ago. Revenue was CNY 1,396.18 million compared to CNY 999.55 million a year ago. Net income was CNY 71.87 million compared to CNY 29.81 million a year ago. Basic earnings per share from continuing operations was CNY 0.093 compared to CNY 0.039 a year ago. Diluted earnings per share from continuing operations was CNY 0.093 compared to CNY 0.039 a year ago.
SHANGHAI XINPENG INDUSTRY CO., LTD. is a China-based company principally engaged in the design, manufacture and sales of automotive parts, as well as metal and communication components. The Company's main products include automotive four doors and two covers, car panels, as well as sheet metal parts and other communications products metal parts. The Company's products are mainly used in automotive parts, communications cabinets and household appliances. The Company distributes its products mainly in domestic market.