Hefei Taihe Optoelectronic Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 16, 2021 at 03:05 pm IST
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Hefei Taihe Optoelectronic Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 85.952 million compared to CNY 68.259 million a year ago. Operating loss was CNY 5.968 million compared to operating Income of CNY 2.866 million a year ago. Net loss was CNY 5.945 million compared to net income of CNY 3.381 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.
Hefei Taihe Intelligent Technology Group Co Ltd, formerly Hefei Taihe Optoelectronic Technology Co Ltd, is a China-based company principally engaged in the research, development, manufacture and sales of intelligent sorter machines, industrial robots and automatic equipments. The Company operates through two main segments. The Intelligent Sorter Machines segment is primarily engaged in the manufacture of sales of rice sorter machines, other agricultural products sorter machines, industrial materials and products sorter machines. The Industrial Robots segment is primarily involved in the research, development and sales of industrial robots, among which the products include palletizing robots, pressing robots and automatic guided vehicle (AGV), among others.