trending Market Intelligence /marketintelligence/en/news-insights/trending/Nn0B9kpATlK1ln4dGNu9Gg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Fuxin Dare Automotive Parts Q1 profit falls YOY


So, the data lakehouse is now officially a ‘thing’ – what is it and why should you care?


Industry Top Trends 2021: Oil and Gas


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Industry Top Trends 2021: Metals and Mining

Fuxin Dare Automotive Parts Q1 profit falls YOY

Fuxin Dare Automotive Parts Co. Ltd. said its normalized net income for the first quarter was 25.5 million yuan, a decrease from 26.2 million yuan in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin increased to 14.2% from 13.2% in the year-earlier period.

Total revenue fell 7.1% on an annual basis to 185.1 million yuan from 199.1 million yuan, and total operating expenses fell 7.0% year over year to 146.1 million yuan from 157.2 million yuan.

Reported net income fell 8.1% year over year to 33.5 million yuan, or 33 fen per share, from 36.4 million yuan.

As of June 1, US$1 was equivalent to 6.20 yuan.