Synthesis Electronic Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 08:04 am EDT
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Synthesis Electronic Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 82.46 million compared to CNY 90.38 million a year ago. Revenue was CNY 82.46 million compared to CNY 90.38 million a year ago. Net loss was CNY 4.69 million compared to CNY 4.18 million a year ago. Basic loss per share from continuing operations was CNY 0.0238 compared to CNY 0.0247 a year ago. Diluted loss per share from continuing operations was CNY 0.0238 compared to CNY 0.0247 a year ago.
Synthesis Electronic Technology Co., Ltd., formerly Shandong Synthesis Electronic Technology Co., Ltd, is a China-based company engaged in development, manufacture and sales of smart identification terminals and industry application software. The Companyâs products include terminal products and system products. The terminal products include cards authentication terminals and industry solutions, compound authentication terminals for cards and biological features and industry solutions, multi-function terminals for identification and electric payment and industry solutions. The cards include identity cards, social insurance cards, bank cards, health certificates, residence permits, citizen metro cards. The biological features include finger print, facial form, iris, digital veins and others. The Companyâs system products comprise terminal equipment and industry application software in four industries of finance, public safety, communication and social insurance (life insurance).
SYNTHESIS ELECTRONIC TECHNOLOGY CO.,LTD. 
