Sichuan Huati Lighting Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 02:33 pm
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Sichuan Huati Lighting Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 74.09 million compared to CNY 147.17 million a year ago. Revenue was CNY 74.09 million compared to CNY 147.17 million a year ago. Net loss was CNY 6.98 million compared to net income of CNY 24.03 million a year ago. Basic loss per share from continuing operations was CNY 0.0492 compared to basic earnings per share from continuing operations of CNY 0.1715 a year ago. Diluted loss per share from continuing operations was CNY 0.0493 compared to diluted earnings per share from continuing operations of CNY 0.1688 a year ago.
SICHUAN HUATI LIGHTING TECHNOLOGY CO., LTD. is a China-based company principally engaged in the provision of integrated urban lighting services. The Company's main business includes the planning and design of urban lighting programs, the research, development and manufacture of lighting products, the project installation, the contract energy management, as well as the management, operation and maintenance of urban lighting facilities. The Company's main products include road lighting products, landscape lighting products and communication towers. The Company mainly operates its businesses in domestic market.