Hunan Huakai Cultural and Creative Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:59 am EDT
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Hunan Huakai Cultural and Creative Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 935.23 million compared to CNY 34.39 million a year ago. Revenue was CNY 935.23 million compared to CNY 34.39 million a year ago. Net income was CNY 34.72 million compared to net loss of CNY 3.6 million a year ago. Basic earnings per share from continuing operations was CNY 0.1201 compared to basic loss per share from continuing operations of CNY 0.0294 a year ago. Diluted earnings per share from continuing operations was CNY 0.1201 compared to diluted loss per share from continuing operations of CNY 0.0294 a year ago.
Huakai Yibai Technology Co Ltd, formerly Hunan Huakai Cultural and Creative Co Ltd, is a China-based company mainly engaged in cross-border e-commerce services. The Company operates three segments. Cross-border Export E-commerce Business segment mainly provides supply and sales of auto parts, industrial and commercial supplies, home gardening, outdoor sports and other products through third-party platforms such as Amazon, ebay, Wish and other online platforms. Space Environment Art Design segment provides professional services such as art design and architectural decoration for interior spaces. Others segment is engaged in other business support services.