Hefei Taihe Optoelectronic Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 20, 2022 at 02:35 pm IST
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Hefei Taihe Optoelectronic Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 94.46 million compared to CNY 85.95 million a year ago. Revenue was CNY 94.46 million compared to CNY 85.95 million a year ago. Net income was CNY 7.89 million compared to net loss of CNY 5.95 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.04 a year ago. Diluted earnings per share from continuing operations was CNY 0.05 compared to diluted loss per share from continuing operations of CNY 0.04 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.