RAISECOM TECHNOLOGY CO.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:36 am IST
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RAISECOM TECHNOLOGY CO.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 430.21 million compared to CNY 345.44 million a year ago. Revenue was CNY 430.21 million compared to CNY 345.44 million a year ago. Net income was CNY 28 million compared to net loss of CNY 6.59 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to basic loss per share from continuing operations of CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.07 compared to diluted loss per share from continuing operations of CNY 0.02 a year ago.
Raisecom Technology Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of communication network access products. The Company's main products include integrated access terminal products, centralized local port terminal products, industrial networking products, private wireless networking products, software products and auxiliary access products. Its products are mainly used in communications operation, smart grid, intelligent transportation and other fields. The Company mainly distributes its products in domestic and overseas markets.