Feitian Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 01:54 pm IST
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Feitian Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 166.61 million compared to CNY 130.6 million a year ago. Revenue was CNY 166.61 million compared to CNY 130.6 million a year ago. Net loss was CNY 6.46 million compared to CNY 11.08 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.03 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to CNY 0.03 a year ago.
Feitian Technologies Co., Ltd. is a China-based company principally engaged in the research, development and sales of information security products. The Company's main products include ePass universal serial bus (USB) keys, one time password (OTP) dynamic tokens, ROCKEY software protection encryption locks and integrated circuit (IC) cards, among others. Its products are mainly applied in finance, government, postal, telecommunications, transportation, Internet and other fields. The Company operates businesses in both domestic and overseas markets, with domestic market as its main market.