Wuhan Huazhong Numerical Control System, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:46 am EDT
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Wuhan Huazhong Numerical Control System, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 247.01 million compared to CNY 230.51 million a year ago. Revenue was CNY 247.01 million compared to CNY 230.51 million a year ago. Net loss was CNY 42.04 million compared to CNY 26.66 million a year ago. Basic loss per share from continuing operations was CNY 0.21 compared to CNY 0.15 a year ago. Diluted loss per share from continuing operations was CNY 0.21 compared to CNY 0.15 a year ago.
Wuhan Huazhong Numerical Control Co.,Ltd. is mainly engaged in computerized numerical control (CNC) system supporting business, industrial robot and intelligent manufacturing business and new energy vehicle supporting business, as well as the provision of education and teaching program services. Its CNC system supporting business mainly provides CNC system support and services. Its industrial robots and automation business provides multi-joint industrial robots and robotics core components and controllers, as well as intelligent production lines and smart factories overall solutions. Its education and teaching program service business provides professional construction programs, teacher training and training base construction programs. Its new energy vehicle supporting business is mainly engaged in the product development of new energy vehicle servo motors, new energy vehicle drives and new energy vehicle controllers, as well as the technical research of vehicle body weight reduction.
WUHAN HUAZHONG NUMERICAL CONTROL CO.,LTD. 
