SVG Tech Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:04 am EDT
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SVG Tech Group Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 397.58 million compared to CNY 361.62 million a year ago. Revenue was CNY 397.58 million compared to CNY 361.62 million a year ago. Net loss was CNY 23.25 million compared to net income of CNY 15.03 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to basic earnings per share from continuing operations of CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.09 compared to diluted earnings per share from continuing operations of CNY 0.07 a year ago.
SVG Tech Group Co Ltd is a China-based company principally engaged in the design, development and manufacture of micro- and nano-structured products and manufacturing equipment, as well as the provision of related technical research and development services. The Company's main products include public safety anti-counterfeiting materials, new display optical materials, medium and large-sized touch materials, new optical printing materials, as well as micro and nano equipment and automotive special decorative materials, such as the laser sign system equipment for automobile number platesâ production sequence numbers and the photolithography manufacturing equipment for micro- and nano-structured products. The Company distributes its products in the domestic market, with East China as its main market.
SVG TECH GROUP CO.,LTD. 
