Guangzhou Fangbang Electronics Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 03:15 pm IST
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Guangzhou Fangbang Electronics Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 96.03 million compared to CNY 58.96 million a year ago. Revenue was CNY 96.03 million compared to CNY 58.96 million a year ago. Net loss was CNY 12.6 million compared to net income of CNY 19.47 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to basic earnings per share from continuing operations of CNY 0.24 a year ago. Diluted loss per share from continuing operations was CNY 0.16 compared to diluted earnings per share from continuing operations of CNY 0.24 a year ago.
Guangzhou Fangbang Electronics Co Ltd is a China-based company mainly engaged in research, development, manufacturing and sales of electromagnetic shielding film. The Company also produces ultra-thin flexible copper clad laminates, ultra-thin copper foils, and magnetoresistance thin films. The Companyâs products are primarily used in the manufacturing of circuit boards, new energy vehicles, and batteries. The Company distributes products within domestic market and to overseas markets.