Changshu Guorui Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 10:01 pm IST
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Changshu Guorui Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 49.32 million compared to CNY 61 million a year ago. Revenue was CNY 49.32 million compared to CNY 61 million a year ago. Net loss was CNY 7.7 million compared to net income of CNY 4.47 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.03 compared to diluted earnings per share from continuing operations of CNY 0.02 a year ago.
Changshu Guorui Technology Co Ltd, formerly Changshu Ruite Electric Co Ltd, is a company engaged in research and development, production and sales of ship equipment, and provision of comprehensive technical services. The Company's products are comprised of marine power distribution systems, marine engine room automation system and other products. The products include the DZ931 marine molded case circuit breaker, QC91 magnetic starter, PGH1 main distribution board, RT-RYGL marine personnel management system and RT-BPBJ spare parts management system and so on.