UniTTEC Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 02:31 pm IST
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UniTTEC Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 405.3 million compared to CNY 474.87 million a year ago. Revenue was CNY 405.3 million compared to CNY 474.87 million a year ago. Net income was CNY 19.89 million compared to CNY 32.02 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.06 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to CNY 0.06 a year ago.
UniTTEC Co Ltd, formerly United Mechanical and Electrical Co Ltd, is a China-based company principally engaged in rail transit and energy saving and environmental protection businesses. Its rail transit business mainly includes rail traffic signaling system and automated fare collection system. Its energy saving and environmental protection business include flue gas desulfurization, wastewater treatment and semiconductor business. The Company operates its business within domestic market and to overseas markets.