Hubei Chutian Smart Communication Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:59 am EDT
Share
Hubei Chutian Smart Communication Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 762.73 million compared to CNY 822.39 million a year ago. Revenue was CNY 762.73 million compared to CNY 822.39 million a year ago. Net income was CNY 247.72 million compared to CNY 250.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.16 a year ago.
Hubei Chutian Smart Communication Co Ltd is a China-based company mainly engaged in road and bridge operations and intelligent technology. The Company operates its businesses through two segments. The Road and Bridge Operations segment is mainly engaged in the investment, construction and operation management of toll roads. The Intelligent Technology segment is mainly engaged in the operation of intelligent manufacturing and intelligent transportation businesses. Intelligent manufacturing is mainly engaged in the research and development of intelligent terminal products and software, hardware manufacturing and product sales. The intelligent transportation business mainly provides services such as overall research and development, manufacturing, integration, operation and maintenance of transportation-related software and hardware products. The Company mainly operates its businesses in the domestic market.