Longshine Technology Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 07:25 am EDT
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Longshine Technology Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 840.11 million compared to CNY 600.65 million a year ago. Revenue was CNY 840.11 million compared to CNY 600.65 million a year ago. Net income was CNY 51.4 million compared to CNY 49.11 million a year ago. Basic earnings per share from continuing operations was CNY 0.049 compared to CNY 0.0479 a year ago. Diluted earnings per share from continuing operations was CNY 0.049 compared to CNY 0.0479 a year ago.
Longshine Technology Group Co Ltd is a China-based company mainly engaged in providing energy technology services. The Company operates three segments. Energy Digitalization Business segment is engaged in software service businesses such as electricity and gas business, industrial Internet, and digital cities. Internet Television (TV) Business segment is engaged in new TV operations and technical services, as well as Internet TV smart terminal business. Energy Internet segment is engaged in Internet operations and technical services such as Internet life payment, new circuit aggregation charging, car energy road cloud, and virtual power plant, among others. The Company mainly conducts businesses within the domestic market.