Bafang Electric (Suzhou) Co.,Ltd. (603489.SS) announced a profit for its first quarter that Increased, from last year
The company's bottom line came in at RMB44.752 million, or RMB0.19 per share. This compares with RMB21.844 million, or RMB0.09 per share, last year.
The company's revenue for the period rose 24.5% to RMB374.517 million from RMB300.764 million last year.
Bafang Electric (Suzhou) Co.,Ltd. earnings at a glance (GAAP) :
-Earnings: RMB44.752 Mln. vs. RMB21.844 Mln. last year.-EPS: RMB0.19 vs. RMB0.09 last year.-Revenue: RMB374.517 Mln vs. RMB300.764 Mln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.