Lihe Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:45 am EDT
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Lihe Technology (Hunan) Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 128.46 million compared to CNY 170.8 million a year ago. Revenue was CNY 128.46 million compared to CNY 170.8 million a year ago. Net income was CNY 36.03 million compared to CNY 56.98 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.24 a year ago. Diluted earnings per share from continuing operations was CNY 0.15 compared to CNY 0.24 a year ago.
Lihe Technology Hunan Co Ltd is a China-based company mainly engaged in the manufacturing of environmental monitoring instruments. The Company's main business is the development, manufacture, sales and operation of environmental monitoring systems. The Company's main products include water quality monitoring system, air smoke monitoring system and environmental monitoring information management system, providing customers with environmental monitoring system operation services. The Company's mainstay are water quality monitoring systems and operational services. The Company's products are widely used in environmental monitoring, municipal, water conservancy and other government departments or institutions with environmental monitoring needs and environmental monitoring by pollution source enterprises under the supervision of environmental protection departments.