New Trend International Logis-Tech Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 18, 2022 at 05:20 pm IST
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New Trend International Logis-Tech Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 523.15 million compared to CNY 50.23 million a year ago. Revenue was CNY 523.15 million compared to CNY 50.23 million a year ago. Net income was CNY 44.68 million compared to net loss of CNY 36.55 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to basic loss per share from continuing operations of CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.15.
NEW TREND INTERNATIONAL LOGIS-TECH CO., LTD is a China-based company mainly engaged in the provision of automatic logistics system integrated solutions and subsequent operation and maintenance services. Its automatic logistics system integration solutions include automatic logistics system planning and design, system integration, software development, equipment custom made, electronic control systems development, site installation and commissioning, customer training and after-sales service. The automatic logistics systems include industrial production automatic logistics system and commercial distribution automatic logistics system. Its automatic logistics systems are mainly used in tobacco, cold chain, new energy vehicles, medicine, machinery manufacturing, airports, retail chains, e-commerce and food and beverage industries.