Hangzhou IECHO Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 07:05 pm EDT
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Hangzhou IECHO Science & Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 68.13 million compared to CNY 53.97 million a year ago. Revenue was CNY 68.13 million compared to CNY 53.97 million a year ago. Net income was CNY 9.27 million compared to CNY 8.64 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.19 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.19 a year ago.
Hangzhou IECHO Science & Technology Co Ltd is a China-based company mainly engaged in the research and development, design, manufacturer and sales of intelligent cutting equipment. The Company's main products include basic intelligent cutting equipment, scalable intelligent cutting equipment, high-speed large-format intelligent cutting equipment, leather cutting assembly line equipment, multilayer intelligent cutting equipment and micro intelligent cutting equipment. The Company's products are applied in the manufacturing process of advertising and printing, automotive interior, home textile, composite material, textile and garment, office automation, footwear, luggage and other industries. The Company also provides customers with industry application software, technical customization equipment and open services related to smart cutting equipment. The Company distributes its products within domestic market and to overseas markets.