Hengdian Group Tospo Lighting Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 07:09 am
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Hengdian Group Tospo Lighting Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,255.71 million compared to CNY 1,200.98 million a year ago. Revenue was CNY 1,255.71 million compared to CNY 1,200.98 million a year ago. Net income was CNY 60.11 million compared to CNY 94.83 million a year ago. Basic earnings per share from continuing operations was CNY 0.126 compared to CNY 0.1988 a year ago. Diluted earnings per share from continuing operations was CNY 0.126 compared to CNY 0.1988 a year ago.
Hengdian Group Tospo Lighting Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of energy saving lighting products. The Company operates through two main segments. The Main Business segment is primarily engaged in the production and sales of energy saving lights, light-emitting diode (LED) bulbs, lighting electronic products, light-emitting diode (LED) lighting fixtures and engineering plastics, as well as engineering construction and others. The Other Business segment is primarily involved in the rental business.