Focused Photonics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:14 am EDT
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Focused Photonics (Hangzhou), Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 502.36 million compared to CNY 524.16 million a year ago. Revenue was CNY 502.36 million compared to CNY 524.16 million a year ago. Net loss was CNY 59.04 million compared to CNY 82.99 million a year ago. Basic loss per share from continuing operations was CNY 0.133 compared to CNY 0.187 a year ago. Diluted loss per share from continuing operations was CNY 0.133 compared to CNY 0.187 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.