RoadMainT Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:41 pm EDT
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RoadMainT Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 11.68 million compared to CNY 22.88 million a year ago. Revenue was CNY 11.68 million compared to CNY 22.88 million a year ago. Net loss was CNY 4.17 million compared to CNY 5.69 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.09 a year ago. Diluted loss per share from continuing operations was CNY 0.06 compared to CNY 0.09 a year ago.
RoadMainT Co., Ltd. is a China-based company principally engaged in the provision of decision-making advisory services to road maintenance industry. The Company is also engaged in the research and development, manufacturing and sales of road detection equipment, as well as the development and sales of road maintenance information system. The Company mainly provides products and services to government highway management institutions, toll road management enterprises, as well as enterprises engaged in road maintenance testing, conservation design, road maintenance consulting and maintenance construction businesses. The Company mainly operates its business in domestic market.