Xi'an Typical Industries Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 04:26 am EDT
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Xi'an Typical Industries Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 400.11 million compared to CNY 398.43 million a year ago. Revenue was CNY 400.11 million compared to CNY 398.43 million a year ago. Net loss was CNY 8.55 million compared to CNY 15.08 million a year ago. Basic loss per share from continuing operations was CNY 0.0247 compared to CNY 0.0436 a year ago. Diluted loss per share from continuing operations was CNY 0.0247 compared to CNY 0.0436 a year ago.
XI'AN TYPICAL INDUSTRIES CO., LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of sewing equipment, precision mechanical parts and molds. The Company mainly provides industrial sewing machines and components with Standard, Weiteng and Hailing brands. The Company's products are mainly applied in apparel, automotive, furniture, machinery, machine tool and other fields. The Company distributes its products within domestic market and to overseas markets.