Suzhou TZTEK Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 11:55 pm
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Suzhou TZTEK Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 141.63 million compared to CNY 117 million a year ago. Revenue was CNY 141.63 million compared to CNY 117 million a year ago. Net loss was CNY 33.58 million compared to CNY 20.43 million a year ago. Basic loss per share from continuing operations was CNY 0.1767 compared to CNY 0.107 a year ago. Diluted loss per share from continuing operations was CNY 0.1767 compared to CNY 0.107 a year ago.
Suzhou TZTEK Technology Co Ltd is a China-based industrial automation equipment developer. The Company focuses on the measurement, vision and automation sectors of smart industry, providing products and solutions to customers. The Company's main products are industrial vision equipment, including precision measuring instruments, intelligent testing equipment, intelligent manufacturing systems and unmanned logistics vehicles. Its products are mainly used in consumer electronics industry, automobile manufacturing industry, photovoltaic semiconductor industry, warehousing and logistics industry and other fields. The Company mainly distributes its products to the domestic market and overseas markets.