Gome Telecom Equipment Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:21 am EDT
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Gome Telecom Equipment Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 51.46 million compared to CNY 36.82 million a year ago. Revenue was CNY 51.46 million compared to CNY 36.82 million a year ago. Net loss was CNY 10.45 million compared to CNY 3.15 million a year ago. Basic loss per share from continuing operations was CNY 0.0366 compared to CNY 0.0125 a year ago. Diluted loss per share from continuing operations was CNY 0.0366 compared to CNY 0.0125 a year ago.
Gome Telecom Equipment Co., Ltd., formerly Sanlian Commercial Co., Ltd., is a China-based company principally engaged in the distribution of household electrical appliances. The Company operates regular chain household electrical appliance stores, which deal with color television (TV) sets, air-conditioners, refrigerators, washing machines, mobile phones, digital products, computers, video and audio products, kitchen electrical appliances, office equipment and small electrical appliances. The Company distributes its products through both physical stores and online store.
GOME TELECOM EQUIPMENT CO.,LTD. 
