GENERAL Elevator Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022 at 09:56 am
Share
GENERAL Elevator Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 67.36 million compared to CNY 61.68 million a year ago. Revenue was CNY 67.36 million compared to CNY 61.68 million a year ago. Net loss was CNY 16.91 million compared to net income of CNY 5.46 million a year ago. Basic loss per share from continuing operations was CNY 0.07 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago. Diluted loss per share from continuing operations was CNY 0.07 compared to diluted earnings per share from continuing operations of CNY 0.02 a year ago.
General Elevator Co Ltd is a China-based company principally engaged in the research and development, design, manufacturing, sales, installation, renovation and maintenance of elevators, escalators and moving walk products. The Company provides systematic solutions and renewal solutions for the elevator configuration of various buildings. The Company's products include passenger elevators, sightseeing elevators, hospital elevators, home elevators, freight elevators, car elevators, elevators installed in existing buildings, escalators and moving walkway. The Company mainly distributes its products in the domestic market.