Shaanxi Fenghuo Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:11 am EDT
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Shaanxi Fenghuo Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 159.25 million compared to CNY 185.47 million a year ago. Revenue was CNY 159.25 million compared to CNY 185.47 million a year ago. Net loss was CNY 35.11 million compared to CNY 14.9 million a year ago. Basic loss per share from continuing operations was CNY 0.0584 compared to CNY 0.0249 a year ago.
Shaanxi Fenghuo Electronics Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and distribution of military and civilian communication equipment and electro-acoustic equipment. The Companyâs main products include shortwave communication equipment, ultra shortwave communication equipment, aviation search and rescue positioning equipment, vehicle or aircraft inner audio control systems, radio frequency identification systems and electronic equipment, among others. The Company distributes its products in domestic market and to overseas markets, including Southeast Asia, Africa, Europe, Americas and others.