Wuhan Kotei Informatics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 07:31 am
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Wuhan Kotei Informatics Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 80.63 million compared to CNY 69.31 million a year ago. Revenue was CNY 80.63 million compared to CNY 69.31 million a year ago. Net income was CNY 1.43 million compared to CNY 9.55 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to CNY 0.14 a year ago.
Wuhan Kotei Informatics Co Ltd is a China-based company mainly engaged in automotive electronics business. The Company's main business is the customized development of automotive electronic software and software technical services, including intelligent driving, intelligent cockpit, and intelligent networking. The Company's products are used in car navigation systems to gradually expand to car infotainment systems, liquid crystal instrument display systems, car communication systems, advanced driver assistance systems (ADAS), chassis electronic control systems, electric drive systems and other fields.