CPT Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 09:47 am EDT
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CPT Technology (Group) Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 718.45 million compared to CNY 664.67 million a year ago. Revenue was CNY 718.45 million compared to CNY 664.67 million a year ago. Net loss was CNY 141.46 million compared to net income of CNY 27.84 million a year ago. Basic loss per share from continuing operations was CNY 0.0511 compared to basic earnings per share from continuing operations of CNY 0.0101 a year ago. Diluted loss per share from continuing operations was CNY 0.0511 compared to diluted earnings per share from continuing operations of CNY 0.0101 a year ago.
CPT TECHNOLOGY (GROUP) CO.,LTD is a China-based company principally engaged in the processing and distribution of liquid crystal display (LCD) modules. The Companyâs main products include large-size Thin Film Transistor Liquid Crystal Displays (TFT-LCDs), medium- and small-size TFT-LCDs, cover lens, flat display components and products, LCD monitors, backlight modules and spare parts, among others. The Company's products are applied in LCD televisions, laptops, monitors, computer monitors, smart phones, tablet computers and vehicle displays, among others. The Company mainly distributes its products in domestic market and to overseas markets.