Shanghai Weihong Electronic Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 03:49 pm IST
Share
Shanghai Weihong Electronic Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 97.96 million compared to CNY 85.38 million a year ago. Revenue was CNY 97.96 million compared to CNY 85.38 million a year ago. Net income was CNY 4.26 million compared to CNY 16.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.0391 compared to CNY 0.1472 a year ago. Diluted earnings per share from continuing operations was CNY 0.0391 compared to CNY 0.1472 a year ago.
Shanghai Weihong Electronic Technology Co., Ltd. is a China-based company engaged in the research and development, manufacture and sale of industrial motion control system. The Company's motion control system include engraving and milling control system, cutting control systems and manipulator control systems, among others, which are used in engraving machine, engraving and milling machine, processing center, water jet cutting machine, laser cutting machine, plasma cutting machine, flame cutting machine, glass processing machine tool and industrial manipulator, among others.