Focused Photonics Hangzhou, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 09:30 am EDT
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Focused Photonics Hangzhou, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 524.161 million compared to CNY 450.174 million a year ago. Operating loss was CNY 114.929 million compared to CNY 38.679 million a year ago. Net loss was CNY 82.994 million compared to CNY 35.767 million a year ago. Basic loss per share from continuing operations was CNY 0.187 compared to CNY 0.079 a year ago.
Focused Photonics Hangzhou Inc is a China-based company principally engaged in the research, development, manufacture and sales of instruments. The company operates through four segments. Instruments, Related Software and Consumables segment is mainly engaged in the research, development and production of environmental monitoring instruments and related systems. Operation Services, Testing Services and Consulting Services segment mainly provides environmental monitoring systems and operation services. Environmental Equipment and Engineering segment mainly provides sewage treatment consulting and design, engineering construction and operation management services. Others business segment is engaged in environment-related services.