Shenzhen Kexin Communication Technologies Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 09:09 am
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Shenzhen Kexin Communication Technologies Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 177.35 million compared to CNY 255.12 million a year ago. Revenue was CNY 177.35 million compared to CNY 255.12 million a year ago. Net loss was CNY 12.67 million compared to net income of CNY 10.64 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 0.05 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to diluted earnings per share from continuing operations of CNY 0.05 a year ago.
Shenzhen Kexin Communication Technologies Co Ltd is a company engaged in providing communication network infrastructure solutions. The Company provides four solutions. The optical communication network solution provides clients with optical fiber physical connection products, modules and devices for transmission networks, access networks and wireless networks. The communication network energy solution provides communication power, communication cabinet infrastructure and indoor fifth generation mobile networks (5G) C-RAN smart module solutions. The data center solution provide data center construction products to help customers build data clouds. The Internet of things (IoT) solution provides intelligent manhole cover locks, Ethernet cabinets, intelligent resource management platforms and intelligent access control management platforms. The Company's major clients are domestic and international telecommunications operators, main equipment vendors and network integrators.