Shenzhen Longtech Smart Control Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 12:17 pm
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Shenzhen Longtech Smart Control Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 197.68 million compared to CNY 204.32 million a year ago. Revenue was CNY 197.68 million compared to CNY 204.32 million a year ago. Net income was CNY 19.98 million compared to CNY 33.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.2067 compared to CNY 0.3467 a year ago. Diluted earnings per share from continuing operations was CNY 0.2067 compared to CNY 0.3467 a year ago.
Shenzhen Longtech Smart Control Co Ltd is a China-based company engaged in the research, development, design, production and sales of intelligent controllers and intelligent products. Its products include two major categories. Smart controllers include smart home appliances and home appliances smart controllers, automotive electronics smart controllers and other smart controllers, such as coffee machine smart controllers, passenger car master controllers, and electronic cigarette smart controllers. Smart products include off-grid lighting products, new consumer electronics products and others, such as multi-functional off-grid lighting systems, smart beer mugs, smart gateways, and human-like commercial service robots. Its products are mainly used in industries such as smart home and home appliances, off-grid lighting, automotive electronics and new consumer electronics. The Company conducts its businesses in the China market and overseas markets such as Asia, Africa and North America.
SHENZHEN LONGTECH SMART CONTROL CO., LTD. 
