Beijing Jiaoda Signal Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 01:25 pm IST
Share
Beijing Jiaoda Signal Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 49.91 million compared to CNY 69.87 million a year ago. Revenue was CNY 49.91 million compared to CNY 69.87 million a year ago. Net loss was CNY 3.95 million compared to net income of CNY 21.53 million a year ago. Basic loss per share from continuing operations was CNY 0.0455 compared to basic earnings per share from continuing operations of CNY 0.2477 a year ago. Diluted loss per share from continuing operations was CNY 0.0455 compared to diluted earnings per share from continuing operations of CNY 0.2477 a year ago.
Beijing Jiaoda Singal Technology Co Ltd is a China-based company mainly engaged in the research and development, design, production and sales of key equipment for rail transit train operation control systems. The Company focuses on the research and development of key equipment for train control systems such as transponder systems, locomotive signal on-board equipment and track circuit readers (TCR). The Company's main products include transponder systems, locomotive signal central processing unit (CPU) components, track circuit readers (TCR) and train operation monitoring devices. The Company's products are mainly used in urban rail, conventional rail, high-speed rail and other fields. The Company mainly conducts business in the domestic market.