Shanghai Yanhua Smartech Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 10:42 am EDT
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Shanghai Yanhua Smartech Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 120.75 million compared to CNY 162.35 million a year ago. Revenue was CNY 120.75 million compared to CNY 162.35 million a year ago. Net loss was CNY 8.62 million compared to CNY 13.93 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.01 compared to CNY 0.02 a year ago.
SHANGHAI YANHUA SMARTECH GROUP CO., LTD is a China-based company, principally engaged in the intelligent building business. The Company operates its business through general contracting of consulting, planning, design, construction as well as latter operation and maintenance intellectualization projects. The Company's main business covers intelligent building projects, intelligent medical projects, and intelligent energy saving projects, among others. In addition, it is engaged in the software and consulting services, as well as the sales of intelligent electronic products. The Company operates its business in domestic markets, with East China as its main market.