Roshow Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 05:54 pm IST
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Roshow Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 809.58 million compared to CNY 875.88 million a year ago. Revenue was CNY 809.58 million compared to CNY 875.88 million a year ago. Net loss was CNY 31.4 million compared to net income of CNY 90.4 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to diluted earnings per share from continuing operations of CNY 0.06 a year ago.
Roshow Technoiogy Co.,Ltd is a China-based company principally engaged in the production and sale of enameled wires, electromechanical products and sapphire products. The enameled wire business mainly produces high temperature copper enameled wires, fine copper wires and high temperature aluminum enameled wires, with the products used in electric tools, motors, household appliances, electronics, communications and transportation. The electrical and mechanical service business mainly provides new energy motors, turbochargers and sapphire crystal furnaces and other mechanical and electrical products. The sapphire business mainly provides sapphire, which is used in light-emitting diode (LED) substrate materials, consumer electronics and optical components. Through its subsidiary, the Company is also involved in the new energy automotive business. The Company distributes its products in domestic market and to overseas markets.
ROSHOW TECHNOLOGY CO., LTD. 
