Viomi Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 27, 2022 at 05:30 am
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Viomi Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 712.14 million compared to CNY 1,255.59 million a year ago. Revenue was CNY 712.14 million compared to CNY 1,255.59 million a year ago. Net loss was CNY 49.98 million compared to net income of CNY 49.11 million a year ago.
VIOMI TECHNOLOGY CO., LTD is a China-based company principally engaged in the operation of Internet of Things (IoT) Home platform, through which provides IoT products, together with a suite of complementary consumable products and value-added businesses. The Company is mainly engaged in the research, development and sales of IoT-enabled smart home products, including flagship line of smart water purification systems, smart kitchen products and other smart products. In addition, the Company provides complementary consumable products, including water purifier filters, as well as value-added businesses, including the sales of other products, such as water quality meters and water filter pitchers.