Guangdong Homa Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 09:42 am EDT
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Guangdong Homa Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,989.39 million compared to CNY 2,231.66 million a year ago. Revenue was CNY 1,989.39 million compared to CNY 2,231.66 million a year ago. Net income was CNY 22.42 million compared to net loss of CNY 145.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.0207 compared to basic loss per share from continuing operations of CNY 0.1344 a year ago. Diluted earnings per share from continuing operations was CNY 0.0207 compared to diluted loss per share from continuing operations of CNY 0.1344 a year ago.
Guangdong Homa Group Co Ltd is a China-based company principally engaged in the design, manufacture and distribution of refrigerators. The Companyâs main products include refrigerators, wine coolers and refrigerator parts, among others. The Company distributes refrigerators under the brand name of Homa. The Company is also involved in financial technology business. The Company distributes its products in domestic market and to overseas markets.