Tsinghua Tongfang Co., Ltd. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was CNY 1,793.21 million compared to CNY 2,019.04 million a year ago. Revenue was CNY 1,793.21 million compared to CNY 2,019.04 million a year ago.
Net loss was CNY 183.48 million compared to CNY 19.97 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to CNY 0.01 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to CNY 0.01 a year ago.
Tsinghua Tongfang Co., Ltd. is a technology group organized around 3 areas of activity:
- information and communication technologies: development and integration of smart networking solutions and systems, development of data processing systems, high-end communication equipment, software publishing, computer manufacturing, consumer electronics manufacturing, etc. The group also develops industrial control systems, smart transport systems, home automation systems, and shipbuilding solutions;
- public safety: development of control and security solutions, urban management and monitoring systems, access control systems, smart cards, information security systems, satellite positioning systems, etc. ;
- energy and environment: development of energy efficiency solutions, district heating systems, residual heat recovery systems, urban lighting systems, waste and water management and treatment systems, etc.
China accounts for 65% of net sales.
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