Tianjin Keyvia Electric Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:16 am EDT
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Tianjin Keyvia Electric Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 291.48 million compared to CNY 263.47 million a year ago. Revenue was CNY 291.48 million compared to CNY 263.47 million a year ago. Net loss was CNY 27.67 million compared to CNY 25.99 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago. Diluted loss per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago.
Tianjin Keyvia Electric Co.,Ltd is a China-based company principally engaged in the research, development, production and sale of the core products of traction power supply systems and station monitoring systems of rail transit, as well as the consulting, design, installation, commissioning of traction power supply systems. The Company's main products include railway power supply automation systems, railway power dispatch systems, urban rail transit automation systems and rail transit power supply testing equipment. The Company also provides related technical consulting services. The Company distributes its products in domestic market and to overseas markets.