Tianjin Hi-Tech Development Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 30, 2022 at 12:01 am IST
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Tianjin Hi-Tech Development Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 119.75 million compared to CNY 194.6 million a year ago. Revenue was CNY 119.75 million compared to CNY 194.6 million a year ago. Net loss was CNY 11.74 million compared to CNY 14.47 million a year ago. Basic loss per share from continuing operations was CNY 0.0182 compared to CNY 0.0224 a year ago. Diluted loss per share from continuing operations was CNY 0.0182 compared to CNY 0.0224 a year ago.
Tianjin Hi-Tech Development Co., Ltd. is a China-based company principally engaged in the development and operation of industrial estate properties. The Company's main businesses include the property business, high-tech industry investment, incubation services and trading. The Companyâs property projects include business process outsourcing (BPO) site, hi-tech innovation base and hi-tech green industrial base, among others. High-tech industry investment is mainly involved in the equity investment in enterprises. Incubation services provide professional services to entered enterprises, such as finance consulting, patent services and entrepreneurship mentor training. Trading business mainly consist of the wholesale of iron and steel and other construction materials. The Company primarily conducts its business in North China.
TIANJIN HI-TECH DEVELOPMENT CO., LTD. 