Xi'an Tianhe Defense Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 08:57 am EDT
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Xi'an Tianhe Defense Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 93.6 million compared to CNY 146.68 million a year ago. Revenue was CNY 93.6 million compared to CNY 146.68 million a year ago. Net loss was CNY 7.2 million compared to net income of CNY 14.82 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to diluted earnings per share from continuing operations of CNY 0.03 a year ago.
XiAn Tianhe Defense Technology Co Ltd is a China-based company primarily engaged in electronic materials and components manufacturing business. The Company conducts its businesses primarily through five segments. The Military Equipment Manufacturing segment is engaged in the research and development and manufacturing of military equipment. The Electronic Materials and Components Manufacturing segment is engaged in the research and development and production of radio frequency chips, devices, modules and materials, as well as comprehensive electronic information business. The Other Electronic Equipment Manufacturing segment is engaged in the manufacturing of other electronic equipment. The Technology Development, Data Services and Others segment is engaged in the provision of technology development and data services. The Civilian Products Trading Segment is engaged in the trading of civilian products. The Company mainly conducts its businesses in domestic and overseas markets.