Hengbao Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 11:01 am
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Hengbao Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 171.34 million compared to CNY 196.7 million a year ago. Revenue was CNY 171.34 million compared to CNY 196.7 million a year ago. Net loss was CNY 5.05 million compared to net income of CNY 2.36 million a year ago. Basic loss per share from continuing operations was CNY 0.0072 compared to basic earnings per share from continuing operations of CNY 0.0034 a year ago. Diluted loss per share from continuing operations was CNY 0.0072 compared to diluted earnings per share from continuing operations of CNY 0.0034 a year ago.
Hengbao Co., LTD. is a China-based company, principally engaged in the manufacture and distribution of various card products. The Company's businesses and products include financial integrated circuit (IC) cards, citizen cards, social security cards, health cards, communication and Internet of things connection products, intelligent terminal products and security products, among others. The Company is also engaged in the provision of notes, modules and software products. The Company conducts its businesses within domestic market and to overseas markets.