Dongfeng Electronic Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:40 pm EDT
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Dongfeng Electronic Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,799.120 million compared to CNY 914.936 million a year ago. Operating income was CNY 85.009 million compared to operating loss of CNY 32.155 million a year ago. Net income was CNY 42.430 million compared to net loss of CNY 61.622 million a year ago. Basic earnings per share from continuing operations was CNY 0.1353 compared to basic loss per share from continuing operations of CNY 0.1965 a year ago.
Dongfeng Electronic Technology Co Ltd is a China-based company principally engaged in the research and development, manufacture and sales of automobile parts. The Companyâs main products include instrument clusters, sensors and flexible shafts, automotive brake systems, fuel supply systems, die-casting parts, interior parts, thermal management systems, and powertrain component systems, among others. The Company also involves in the sales of automobile parts and whole vehicles, as well as the manufacture and sales of motorcycle parts. The Company mainly operates its businesses in Hubei, Shanghai, Guangdong, Hunan and Jiangsu, China.
DONGFENG ELECTRONIC TECHNOLOGY CO.,LTD. 
