Rendong Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 12:32 pm
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Rendong Holdings Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 406.76 million compared to CNY 418.98 million a year ago. Revenue was CNY 406.76 million compared to CNY 418.98 million a year ago. Net loss was CNY 20.62 million compared to CNY 9.25 million a year ago. Basic loss per share from continuing operations was CNY 0.0368 compared to CNY 0.0165 a year ago. Diluted loss per share from continuing operations was CNY 0.0368 compared to CNY 0.0165 a year ago.
RENDONG HOLDINGS CO., LTD., formerly MESON FINTECH CO., LTD., is a China-based company principally engaged in third-party payment business. The Third-party Payment businesses include the development, operation and maintenance of payment system and clearing platform system, transaction funds settlement, user audit as well as the generation and management of Unionpay card acceptance terminal master key. The Commercial Factoring businesses include factoring business (non-bank finance category) and supply chain management consulting business. The Supply Chain Management businesses include supply chain management and supply chain financial services. In addition, The Company is also engaged in Internet microcredit business, financial leasing and relevant factoring business. The Company mainly operates its business in the domestic market.