Allwin Telecommunication Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 10:07 am
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Allwin Telecommunication Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 53.81 million compared to CNY 129.11 million a year ago. Revenue was CNY 53.81 million compared to CNY 129.11 million a year ago. Net income was CNY 3.12 million compared to CNY 11.4 million a year ago. Basic earnings per share from continuing operations was CNY 0.009 compared to CNY 0.0319 a year ago. Diluted earnings per share from continuing operations was CNY 0.009 compared to CNY 0.0319 a year ago.
ALLWIN TELECOMMUNICATION CO., LTD is a China-based company principally engaged in the development, production and sale of mobile communication network optimization coverage equipment and system integration solutions, as well as the provision of related services. The Companyâs main products include various kinds of direct repeater stations, digital optical fiber distribution systems, various kinds of power dividers, as well as various kinds of ventricular antennas and beautified antennas. The Company's products are mainly used in mobile communication customer gathering areas, such as large buildings, stadiums and clubs. The Company distributes its products in domestic market.