Ningbo TIP Rubber Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 27, 2022 at 08:21 pm EDT
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Ningbo TIP Rubber Technology Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 291.03 million compared to CNY 289.51 million a year ago. Revenue was CNY 306.3 million compared to CNY 303.64 million a year ago. Net income was CNY 39.49 million compared to CNY 62.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.29 compared to CNY 0.56 a year ago. Diluted earnings per share from continuing operations was CNY 0.29 compared to CNY 0.56 a year ago.
Ningbo Tip Rubber Technology Co Ltd is a China-based company mainly engaged in the research, development, production and sales of automotive polymer fluid piping systems and sealing system parts and assemblies. The Company provides rubber hoses and assembly products for automobile manufacturers and their first-tier suppliers. The Company's products are divided into five categories: automotive engine systems and parts, body systems and parts, chassis systems and parts, electrical and electronic equipment and general parts, including radiator tubes, turbocharger hoses, crankcase ventilation system, oil cooling pipe, vacuum solenoid valve pipe, automobile fuel system hose and assembly, automobile air conditioning system hose and assembly, automobile power steering system hose and assembly, other body accessory system hoses, sealing tape, dustproof and shock absorbers, etc. The Company operates its businesses within the domestic market and to overseas markets.
NINGBO TIP RUBBER TECHNOLOGY CO.,LTD 