Shenzhen Honor Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 05:30 pm IST
Share
Shenzhen Honor Electronic Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 620.56 million compared to CNY 511.49 million a year ago. Revenue was CNY 620.56 million compared to CNY 511.49 million a year ago. Net loss was CNY 29.41 million compared to net income of CNY 34.03 million a year ago. Basic loss per share from continuing operations was CNY 0.29 compared to basic earnings per share from continuing operations of CNY 0.34 a year ago. Diluted loss per share from continuing operations was CNY 0.29 compared to diluted earnings per share from continuing operations of CNY 0.34 a year ago.
Shenzhen Honor Electronic Co Ltd is a China-based company mainly engaged in the research, development, production and sales of switching power supply products. The Company's main products include power adapters and server power supplies. Its products are widely used in many fields such as office electronics, set-top boxes, network communications, security monitoring, audio, financial point of sale terminals, data centers, power tools, etc. The Company conducts its businesses within the domestic market and to overseas markets such as Singapore, Hong Kong, South Korea, Thailand, Vietnam, North America, South Africa and the European Union.