HNAC Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 09:21 am
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HNAC Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 465.06 million compared to CNY 266.44 million a year ago. Revenue was CNY 465.06 million compared to CNY 266.44 million a year ago. Net loss was CNY 7.79 million compared to net income of CNY 3.35 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to diluted earnings per share from continuing operations of CNY 0.01 a year ago.
HNAC TECHNOLOGY CO.,LTD. is a China-based company principally engaged in the research, development, manufacture and sales of automation and information technology products, as well as the provision of related services. The Company's main products include water conservancy and hydropower automation systems, transformer and distribution protection and automation systems, water conservancy information products, industrial control automation systems, as well as military and enterprise information products. The Company is also engaged in the research, development, manufacture and sales of new energy and intelligent equipment. The Company also provides environmental protection and water treatment products and services.