Nanhua Instruments Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 02:44 pm IST
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Nanhua Instruments Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 20.91 million compared to CNY 60.68 million a year ago. Revenue was CNY 20.91 million compared to CNY 60.68 million a year ago. Net loss was CNY 2.75 million compared to net income of CNY 9.31 million a year ago. Basic loss per share from continuing operations was CNY 0.0201 compared to basic earnings per share from continuing operations of CNY 0.0679 a year ago. Diluted loss per share from continuing operations was CNY 0.0201 compared to diluted earnings per share from continuing operations of CNY 0.0679 a year ago.
Nanhua Instruments Co., Ltd. is primarily engaged in the research, development, manufacture and sale of analytical instruments and systems for motor vehicle environmental and safety testing use. It primarily provides motor vehicle emissions testing instruments, motor vehicle emissions testing systems, motor vehicle safety inspection equipment and motor vehicle safety inspection systems. It distributes its products within domestic market and to overseas markets.