Shenzhen Gongjin Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:08 am EDT
Share
Shenzhen Gongjin Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 2,455.56 million compared to CNY 2,538.88 million a year ago. Revenue was CNY 2,455.56 million compared to CNY 2,538.88 million a year ago. Net income was CNY 50.27 million compared to CNY 60.48 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.06 compared to CNY 0.08 a year ago.
SHENZHEN GONGJIN ELECTRONICS CO.,LTD is a China-based company principally engaged in the manufacture of broadband communication terminals. The Company is primarily engaged in the research and development, manufacture and sales of broadband communication terminals to communication equipment suppliers. The Company primarily produces asymmetric digital subscriber line (ADSL) terminals, very high speed digital subscriber line (VDSL) terminals, optical access terminals, Wi-Fi terminals and 3G terminals, as well as other broadband communication terminals. The Company distributes its products within domestic market and to overseas market.