Sunfly Intelligent Technology Co., LTD Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:55 pm IST
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Sunfly Intelligent Technology Co., LTD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 549.9 million compared to CNY 488.89 million a year ago. Revenue was CNY 549.9 million compared to CNY 488.89 million a year ago. Net income was CNY 59.55 million compared to CNY 58.48 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.12 compared to CNY 0.12 a year ago.
Sunfly Intelligent Technology Co Ltd, formerly Shandong Luyitong Intelligent Electric Plc, is a China-based company engaged in electrical equipment business, light-emitting diode (LED) lighting business, smart community business and public security business. Its electrical equipment business mainly includes the production and sales of high and low voltage complete equipment and intelligent box-type substations, bus ducts, cable trays and others. The LED lighting business mainly includes LED lighting fixtures, urban lighting engineering, LED display and others. Smart community business mainly includes services such as centralized community management platform, smart community, Smart Life cloud platform and smart power distribution system. Public security business mainly includes video surveillance, smart communities, smart case handling, smart transportation, smart supervision and others. The Company mainly conducts its businesses in the China market.