Vanjee Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 08, 2022 at 08:29 am EDT
Share
Vanjee Technology Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 939.77 million compared to CNY 1,657.82 million a year ago. Revenue was CNY 944.85 million compared to CNY 1,662.59 million a year ago. Net income was CNY 42.59 million compared to CNY 602.93 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 3.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.22 compared to CNY 3.12 a year ago.
Vanjee Technology Co Ltd is a company engaged in research, development and production of intelligent transportation products and provision of related services. The Company's product lines include dedicated short-range communications, dynamic weighing, laser inspection and system integration. The dedicated short-range communication series products include on board units (OBUs), roadside units (RSUs) and handheld issuers. The products are mainly used in electronic toll collection (ETC). The laser inspection series products mainly include single-beam laser radars, which are mainly used in traffic flow surveys, vehicle identification and classification, as well as vehicle contour size inspection. The dynamic weighing series products are used to detect the wheel load and axle load of moving vehicles, as well as the total mass of freight.