Actions Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 30, 2022 at 04:29 am IST
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Actions Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 86.83 million compared to CNY 101.64 million a year ago. Revenue was CNY 86.83 million compared to CNY 101.64 million a year ago. Net income was CNY 10.49 million compared to CNY 5.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.086 compared to CNY 0.063 a year ago. Diluted earnings per share from continuing operations was CNY 0.086 compared to CNY 0.063 a year ago.
Actions Technology Co Ltd is a China-based company mainly engaged in the design and sales of low-power system level chips. The company's main business is the research and development (R&D), design and sales of medium and high-end intelligent audio system on chip (SOC). The Company's main products are Bluetooth audio SoC series, portable audio and video SoC series, intelligent voice interactive SoC series and others. The Company's products are used in Bluetooth speaker, Bluetooth headset, Bluetooth voice remote control, Bluetooth transceiver, intelligent education, intelligent office, smart home and other fields. The Company's products are sold in domestic and foreign markets.