Hanyu Group Joint-Stock Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:14 am EDT
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Hanyu Group Joint-Stock Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 256.8 million compared to CNY 278.95 million a year ago. Revenue was CNY 256.8 million compared to CNY 278.95 million a year ago. Net income was CNY 44.67 million compared to CNY 76.58 million a year ago. Basic earnings per share from continuing operations was CNY 0.0741 compared to CNY 0.127 a year ago. Diluted earnings per share from continuing operations was CNY 0.0741 compared to CNY 0.127 a year ago.
Hanyu Group Joint-Stock Co., Ltd., formerly Jiangmen iDear-Hanyu Electrical Joint-Stock Co., Ltd., is a China-based company principally engaged in the research, development, production and sale of drainage pumps for household appliances. The Company's main products include universal drainage pumps, dedicated drainage pumps, condensate pumps and washing cycle pumps. The Company's products are mainly used in tube washing machines, dishwashers, agitated washing machines, condensing dryers and some of the pulsator washing machines. Through its subsidiaries, the Company is also involved in the sale of spa toilets, as well as the development, production, sale and application services of special engineering plastics poly aryl ether sulfone. The Company distributes its products in domestic market and to overseas markets.
HANYU GROUP JOINT-STOCK CO., LTD. 
