Sichuan Haite High-tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 06:31 am EDT
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Sichuan Haite High-tech Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 223.25 million compared to CNY 185.76 million a year ago. Revenue was CNY 223.25 million compared to CNY 185.76 million a year ago. Net income was CNY 20.89 million compared to CNY 8.97 million a year ago. Basic earnings per share from continuing operations was CNY 0.0282 compared to CNY 0.012 a year ago. Diluted earnings per share from continuing operations was CNY 0.0282 compared to CNY 0.012 a year ago.
Sichuan Haite High-tech Co., Ltd. is a China-based company principally engaged in aviation related businesses. The Company operates through five segments. Aviation New Technology Development and Manufacture segment is engaged in the research and development of aircraft avionics, mechanical accessories, ground testing equipment and flight simulators. Microelectronics segment is engaged in the research, development and manufacture of semiconductor integrated circuit chips. Aviation Training segment is engaged in the provision of pilot training and flight attendant training and the development of flight simulators. Aviation Leasing segment is engaged in finance leasing business. Aviation Maintenance segment is engaged in the repair and maintenance of aircrafts and related components. The Company operates businesses in both domestic and overseas markets.