Hubei Geoway Investment Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 06:05 am EDT
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Hubei Geoway Investment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 45.42 million compared to CNY 62.47 million a year ago. Revenue was CNY 45.42 million compared to CNY 62.47 million a year ago. Net loss was CNY 16.86 million compared to CNY 8.22 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to CNY 0.02 a year ago.
Hubei Geoway Investment Co Ltd, formerly Shenzhen Geoway Co Ltd, is a China-based company mainly engaged in investment. Through its wholly-owned subsidiary, the Company is mainly engaged in the procurement and sales of raw materials related to mobile phones; the Company engages in after-sales service of camera modules through its holding subsidiary; the Company through its wholly-owned grandson company is engaged in marketing services and public relations, providing professional marketing activities and communications for various industries, and providing consulting services to customers with planning and execution capabilities. The Company distributes its products and services within the domestic market.