Anhui Sinonet & Xinlong Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:42 am EDT
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Anhui Sinonet & Xinlong Science & Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 781.97 million compared to CNY 725.78 million a year ago. Revenue was CNY 781.97 million compared to CNY 725.78 million a year ago. Net income was CNY 66.8 million compared to CNY 45.96 million a year ago. Basic earnings per share from continuing operations was CNY 0.0931 compared to CNY 0.0687 a year ago. Diluted earnings per share from continuing operations was CNY 0.0931 compared to CNY 0.0687 a year ago.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD., formerly Anhui Xinlong Electrical Co., Ltd., is a China-based company, principally engaged in the manufacture and distribution of electric machines and equipment. The Company operates in three segments, including Electric Machines and Equipment Manufacturing, Professional Technological Services, as well as Software and Information Technology Services. The Company mainly provides public safety products, project construction and operation services, new energy products and power design and services. Its products are mainly applied in public security, military, municipal departments and business units, among others. The Company distributes its products primarily in domestic markets.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD. 
