Kehua Data Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 1,183.98 million compared to CNY 1,490.07 million a year ago. Revenue was CNY 1,183.98 million compared to CNY 1,490.07 million a year ago.
Net income was CNY 73.55 million compared to CNY 143.53 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.31 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.31 a year ago.
Kehua Data Co Ltd, formerly Kehua Hengsheng Co Ltd, is a China-based company principally engaged in the design, manufacture, distribution and provision of services of uninterruptible power systems (UPS) and accessory products. The Company operates through three segments. The Energy-Based business mainly includes the sales of traditional power products and services. The Cloud Computing-Based business mainly includes cloud computing services, data center product sales and undertake data center Engineering Procurement Construction (EPC) services. The New Energy business mainly includes photovoltaic power generation, new energy product sales and power station EPC projects. The Company's distributes its products both in the domestic market and to overseas markets.
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