Shenzhen Coship Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 11:41 am
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Shenzhen Coship Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 16.2 million compared to CNY 36.4 million a year ago. Revenue was CNY 16.2 million compared to CNY 36.4 million a year ago. Net loss was CNY 21.08 million compared to CNY 16.05 million a year ago. Basic loss per share from continuing operations was CNY 0.0283 compared to CNY 0.0215 a year ago. Diluted loss per share from continuing operations was CNY 0.0283 compared to CNY 0.0215 a year ago.
Shenzhen Coship Electronics Co Ltd is a China-based company mainly engaged in the manufacture and sale of communications industry and related equipment. The Company conducts two businesses. The communications and related equipment manufacturing business is engaged in the research and development, manufacturing, service and sales of radio and television full-service integrated cloud platform, digital television (TV) middleware, smart TV operating system next-generation broadcast network (TVOS), smart digital terminals, smart gateways, digital TV front-end equipment and others, as well as the development, integration and operation of value-added services related to smart homes, mainly for radio and television operators, telecommunications operators and global overseas operator markets. The new energy lithium-ion battery business is engaged in the technical research and development, production and sales of lithium-ion batteries. The Company mainly conducts business in the domestic market.