Shanghai Kaytune Industrial Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022 at 08:37 am
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Shanghai Kaytune Industrial Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 144.53 million compared to CNY 175 million a year ago. Revenue was CNY 144.53 million compared to CNY 175 million a year ago. Net loss was CNY 9.29 million compared to net income of CNY 14.38 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to basic earnings per share from continuing operations of CNY 0.24 a year ago. Diluted loss per share from continuing operations was CNY 0.12 compared to diluted earnings per share from continuing operations of CNY 0.24 a year ago.
Shanghai Kaichun Industrial Co Ltd is a China-based company that mainly provides comprehensive e-commerce services and customer relationship management services. The Company's main services include brand online sales services, brand online operation services and customer relationship management services. Brand online sales service means that the Company purchases products from the brand or its agents by way of buyout, and after authorization by the brand, sells the products directly to customers or to various distributors through online sales on third-party e-commerce platforms channel. Brand online operation service refers to the Company's provides various operation services, including visual design, store operation, warehousing and logistics, marketing planning, event management and customer service. Customer relationship management services refer to the support services provided by the Company before and after sales to achieve the purpose of increasing sales revenue.