Lakala Payment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:19 am EDT
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Lakala Payment Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,588.23 million compared to CNY 1,589.08 million a year ago. Revenue was CNY 1,588.23 million compared to CNY 1,589.08 million a year ago. Net income was CNY 254.62 million compared to CNY 231.28 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.29 a year ago. Diluted earnings per share from continuing operations was CNY 0.33 compared to CNY 0.29 a year ago.
Lakala Payment Co., Ltd. is a third-party payment company. The Company is mainly engaged in the provision of acquiring services for physical small and micro enterprises and personal payment services for individual users. The Company operates four segments, including Acquiring segment, Personal Payment segment, Hardware Sales and Services segment and Other Derivative Business segment. The Company conducts its businesses in domestic market.