Shanghai Hi-Tech Control System Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 04:26 am
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Shanghai Hi-Tech Control System Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 445.07 million compared to CNY 442.29 million a year ago. Revenue was CNY 445.07 million compared to CNY 442.29 million a year ago. Net income was CNY 13.79 million compared to CNY 10.67 million a year ago. Basic earnings per share from continuing operations was CNY 0.0392 compared to CNY 0.0303 a year ago. Diluted earnings per share from continuing operations was CNY 0.0392 compared to CNY 0.0303 a year ago.
Shanghai Hi-Tech Control System Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of software and hardware products, whole set systems and projects featuring control technology. The Company operates in three segments, including Intelligent Manufacturing segment, New Energy segment and Industrial Electrical Product Distribution segment. Intelligent Manufacturing segment mainly provides industrial automation and communication integration services and industrial automation and communication products. New Energy segment includes high-power electronic product business and new energy power station Engineering Procurement Construction (EPC) business. Industrial Electrical Product Distribution segment is mainly involved in the distribution of industrial electrical and automation products. The Company operates its business mainly in domestic market.
SHANGHAI HI-TECH CONTROL SYSTEM CO., LTD 
