Kehua Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 11:35 am EDT
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Kehua Holdings Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 546.06 million compared to CNY 505.66 million a year ago. Revenue was CNY 546.06 million compared to CNY 505.66 million a year ago. Net loss was CNY 16.6 million compared to net income of CNY 30.02 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to basic earnings per share from continuing operations of CNY 0.23 a year ago. Diluted loss per share from continuing operations was CNY 0.12 compared to diluted earnings per share from continuing operations of CNY 0.23 a year ago.
Kehua Holdings Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of key components products of turbochargers. The Companyâs main products include turbine shell and its fittings, intermediate shell and its fittings and other mechanical components. The Company distributes its products within domestic market and to overseas markets.