Beijing XIAOCHENG Technology Stock Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:48 am EDT
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Beijing XIAOCHENG Technology Stock Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 39.75 million compared to CNY 28.33 million a year ago. Revenue was CNY 39.75 million compared to CNY 28.33 million a year ago. Net loss was CNY 50.19 million compared to net income of CNY 0.543979 million a year ago. Basic loss per share from continuing operations was CNY 0.18 compared to basic earnings per share from continuing operations of CNY 0.002 a year ago. Diluted loss per share from continuing operations was CNY 0.18 compared to diluted earnings per share from continuing operations of CNY 0.002 a year ago.
Beijing Xiaocheng Technology Stock Co Ltd is a company mainly engaged in gold mining, production, processing and sales. The Company operates four segments. Gold Mining Business segment is engaged in gold mining, production, processing and sales. Ghana Build-Operate-Transfer (BOT) Project Operation, Distribution Network Transformation and Power Generation Business segment is engaged in BOT projects for prepayment meter installation and line loss reduction projects, and undertakes distribution network line transformation projects. Integrated Circuit Design Business and Watt Hour Meter Manufacturing Business segment are mainly engaged in the design and development of a series of integrated circuit products such as power line carrier chips. South Africa Public Private Partnership (PPP) Business segment is engaged in the design, installation and transformation of smart grid and special smart metering system for water resources metering, energy conservation and emission reduction projects.
BEIJING XIAOCHENG TECHNOLOGY STOCK CO., LTD 
