Shenzhen Genvict Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022
Share
Shenzhen Genvict Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 83.57 million compared to CNY 73.75 million a year ago. Revenue was CNY 83.57 million compared to CNY 73.75 million a year ago. Net loss was CNY 16.39 million compared to CNY 3.43 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.09 compared to CNY 0.02 a year ago.
Shenzhen Genvict Technologies Co., Ltd. is a China-based company principally engaged in the provision of core equipment and solutions for intelligent transportation and Internet of things (IOT). The Company's main products include highway electronic toll collection (ETC) products, path identification products, multi-lane free flow ETC products, vehicle infrastructure cooperative systems, smart parking products and radio frequency identification (RFID)-based IoT identification products. The Companyâs products are mainly applied to intelligent transportation and travel areas such as highways, urban transportation and vehicle management. The Company operates its businesses within the domestic market and to overseas markets.
SHENZHEN GENVICT TECHNOLOGIES CO., LTD. 
