TPV Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 06:28 am EDT
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TPV Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 16,384.46 million compared to CNY 16,622.48 million a year ago. Revenue was CNY 16,384.46 million compared to CNY 16,622.48 million a year ago. Net income was CNY 118.46 million compared to CNY 199.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.0262 compared to CNY 0.0441 a year ago. Diluted earnings per share from continuing operations was CNY 0.0262 compared to CNY 0.0441 a year ago.
TPV Technology Co Ltd, formerly Nanjing Huadong Electronics Information & Technology Co Ltd, is a China-based company principally engaged in the research and development, manufacturing, sales and service of display products. The Company operates its businesses through three segments. The Display segment is engaged in the production of computer monitors, wide screens, curved surfaces, e-sports and commercial displays. The Television (TV) Segment develops smart TV technology based on market conditions and user needs, and provides smart TV products that meet the consumer's audiovisual experience. The Other Business segment is mainly engaged in the sales of audio-visual products, spare parts, phones, tablets and all-in-one computers. The Company distributes its products both in the domestic market and to overseas markets.