Hangzhou Prevail Optoelectronic Equipment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 03:48 pm
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Hangzhou Prevail Optoelectronic Equipment Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 154.66 million compared to CNY 170.57 million a year ago. Revenue was CNY 154.66 million compared to CNY 170.57 million a year ago. Net income was CNY 0.254145 million compared to net loss of CNY 0.152693 million a year ago. Basic earnings per share from continuing operations was CNY 0.0026 compared to basic loss per share from continuing operations of CNY 0.0015 a year ago. Diluted earnings per share from continuing operations was CNY 0.0026 compared to diluted loss per share from continuing operations of CNY 0.0015 a year ago.
Hangzhou Prevail Optoelectronic Equipment Co Ltd is a company mainly engaged in research, development, production and sales of radio and television network equipment. The Company's primary products are cable television optical fiber transmission equipment and cable television cable transmission equipment, such as optical transmitters, optical receivers, amplifiers, branch distributors and radio frequency equipment. The Company is also involved in production of front-end system and data communication system products, including satellite receivers, network adapters, encoders and Ethernet over Coax (EOC) equipment. The Company's products are mainly used in the transmission network, optimization and upgrading, as well as broadband access in radio and television industry. The Company sells its products to both domestic and international markets, including Vietnam, Indonesia, Singapore, Turkey and Russia.