Leon Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 08:25 am EDT
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Leon Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 222.72 million compared to CNY 170.9 million a year ago. Revenue was CNY 222.72 million compared to CNY 170.9 million a year ago. Net income was CNY 6.91 million compared to net loss of CNY 19.99 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to basic loss per share from continuing operations of CNY 0.05 a year ago. Diluted earnings per share from continuing operations was CNY 0.02 compared to diluted loss per share from continuing operations of CNY 0.05 a year ago.
LEON TECHNOLOGY CO., LTD. is a China-based company principally engaged in the provision of communication network technology services for communication operators. The Company's main businesses include security systems and communications network engineering, equipment sales, operation and management, communications network design, rental income and Internet business. The Company mainly conducts its businesses in Xinjiang Province, China.