Wuhan Tianyu Information Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:07 pm IST
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Wuhan Tianyu Information Industry Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 347.2 million compared to CNY 292.38 million a year ago. Revenue was CNY 347.2 million compared to CNY 292.38 million a year ago. Net income was CNY 0.926745 million compared to net loss of CNY 14.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.0022 compared to basic loss per share from continuing operations of CNY 0.0326 a year ago. Diluted earnings per share from continuing operations was CNY 0.0022 compared to diluted loss per share from continuing operations of CNY 0.0326 a year ago.
Wuhan Tianyu Information Industry Co Ltd is a China-based company principally involved in the development, manufacture, distribution and services of smart card products and related application systems. The Company primarily provides smart cards including communication smart cards, financial integrated circuit (IC) cards, intelligent traffic card, among others; terminal, including tax control disk and intelligent point of sale (POS), among others. Its products are applied in communications, finance and electronic payment, mobile multimedia broadcasting television, taxation, intelligent transportation, medical electronics and mobile Internet, among others. The Company also involves in the provision of technical services and development, as well as system integration business.