Shenzhen FRD Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 18, 2022 at 06:01 pm IST
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Shenzhen FRD Science & Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 753.46 million compared to CNY 626.37 million a year ago. Revenue was CNY 753.46 million compared to CNY 626.37 million a year ago. Net loss was CNY 17.9 million compared to net income of CNY 35.07 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.07 a year ago. Diluted loss per share from continuing operations was CNY 0.04 compared to diluted earnings per share from continuing operations of CNY 0.07 a year ago.
Shenzhen FRD Science & Technology Co Ltd is a service provider of electromagnetic shielding and heat conduction solutions. The Company's products include electromagnetic shielding materials and devices, such as conductive plastic devices, conductive silicone and metal shielding devices; thermally conductive materials and device products, including graphite sheets and heat dissipation modules; base station antennas and related devices, including base station antennas and antennas covers; protective functional devices, including single-sided adhesive, double-sided adhesive and protective film. The Company's products are used in smart phones, communication equipment, electronic computers, automotive electronics, medical equipment, smart home and other consumer electronics areas.