Suzhou HYC Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:49 am EDT
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Suzhou HYC Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 373.29 million compared to CNY 282.49 million a year ago. Revenue was CNY 373.29 million compared to CNY 282.49 million a year ago. Net income was CNY 40.86 million compared to CNY 28.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.06 a year ago.
Suzhou HYC Technology Co Ltd is a China-based provider of industrial automatic inspection equipment and complete line inspection system solutions. The Company is principally engaged in the research and development, production and sales of flat panel displays, semiconductor integrated circuits, and wearable testing equipment. The Company's main products include testing equipment, including flat panel display testing equipment, integrated circuit testing equipment and automotive electronic testing equipment, as well as inspection fixtures. The Company's main products are used in Liquid Crystal Display (LCD) and Organic Light-Emitting Diode (OLED) flat panel displays, integrated circuits and automotive electronics. The Company mainly conducts its businesses in domestic and overseas markets.