Shenzhen Auto Electric Power Plant Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 09:35 am EDT
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Shenzhen Auto Electric Power Plant Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 43.9 million compared to CNY 48.88 million a year ago. Revenue was CNY 43.9 million compared to CNY 48.88 million a year ago. Net loss was CNY 8.65 million compared to CNY 2.4 million a year ago. Basic loss per share from continuing operations was CNY 0.0349 compared to CNY 0.0109 a year ago. Diluted loss per share from continuing operations was CNY 0.0349 compared to CNY 0.0109 a year ago.
SHENZHEN AUTO ELECTRIC POWER PLANT CO., LTD. is a China-based company, principally engaged in engaged in the research and development, design, manufacture and sales of electric power automatic power supply equipment. The Company's principal products include electrical power dedicated direct current and alternating current integrated uninterruptible power supply (UPS) equipment, electric vehicle fast charging equipment and power quality control equipment. The Company also provides equipment operation and maintenance services. It distributes its products within domestic market and to overseas markets.