Addsino Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:41 am EDT
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Addsino Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,007.56 million compared to CNY 945.03 million a year ago. Revenue was CNY 1,007.56 million compared to CNY 945.03 million a year ago. Net income was CNY 144.26 million compared to CNY 187.52 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.12 a year ago.
ADDSINO CO.,LTD., formerly CHINASCHOLARS GROUP CO,.LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of command and control communication products, electronic Blue Force and simulation products and electromagnetic security products. The Company's main products include military communication products, experimental radio frequency simulation systems, experimental and field active target simulation systems, radar simulation systems, tactical training simulation systems and electromagnetic protection products, among others. The Company operates its business in domestic market, with North China, East China and southwest area of China as its main markets.