Guangzhou Haoyang Electronic Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 08:08 am EDT
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Guangzhou Haoyang Electronic Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 231.78 million compared to CNY 63.22 million a year ago. Revenue was CNY 231.78 million compared to CNY 63.22 million a year ago. Net income was CNY 61.27 million compared to CNY 9.91 million a year ago. Basic earnings per share from continuing operations was CNY 0.7266 compared to CNY 0.1175 a year ago. Diluted earnings per share from continuing operations was CNY 0.7266 compared to CNY 0.1175 a year ago.
Guangzhou Haoyang Electronic Co Ltd is a China-based company mainly engaged in the research, development, manufacturing and sales of stage entertainment lighting equipment, architectural lighting equipment and truss products. Its stage entertainment lighting equipment is mainly used in large-scale event stage, theater, television studio, and architectural lighting equipment is mainly used in urban landscape lighting. The Companyâs products mainly include pattern lights, stained lights, beam lights, indoor wall washer lights, architectural wall washer lights, landscape lighting underground lights, bolt truss and screw truss, among others. It is also engaged in the sales of accessories and the provision of maintenance, movable property leasing and engineering services. The Company distributes its products in domestic and to overseas markets.