Hangzhou Hopechart IoT Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:51 pm IST
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Hangzhou Hopechart IoT Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 69.06 million compared to CNY 134.62 million a year ago. Revenue was CNY 69.06 million compared to CNY 134.62 million a year ago. Net loss was CNY 15.07 million compared to net income of CNY 20.94 million a year ago. Basic loss per share from continuing operations was CNY 0.15 compared to basic earnings per share from continuing operations of CNY 0.2 a year ago. Diluted loss per share from continuing operations was CNY 0.15 compared to diluted earnings per share from continuing operations of CNY 0.2 a year ago.
Hangzhou Hopechart IoT Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of automotive intelligent networked equipment and big data cloud platforms. The Company is mainly engaged in three businesses. The intelligent business is mainly engaged in the research, development and production of advanced assisted driving systems. The connected business is mainly engaged in the research and development of intelligent enhanced driving systems, human-computer interaction terminals and in-vehicle networking terminals. The smart city business mainly includes smart city government management platforms and operation services applied in the fields of urban waste, sanitation, water affairs, and meteorology. The Company mainly conducts its business in domestic and overseas markets.