Wuhan Ligong Guangke Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 22, 2022 at 12:01 pm
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Wuhan Ligong Guangke Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 76.13 million compared to CNY 60.43 million a year ago. Revenue was CNY 76.13 million compared to CNY 60.43 million a year ago. Net loss was CNY 6.33 million compared to CNY 8.84 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to CNY 0.16 a year ago. Diluted loss per share from continuing operations was CNY 0.11 compared to CNY 0.16 a year ago.
Wuhan Ligong Guangke Co Ltd is a company engaged in providing optical fiber sensors and Internet of things (IoT) application systems. The Company's products include tank fire alarm systems, tunnel fire alarm systems, intelligent pipe gallery and intelligent monitoring systems, perimeter intrusion alarm systems, intelligent bridge structure monitoring systems, fire alarm systems and fire engineering. The products are mainly used in petroleum and petrochemical, highway tunnel fire monitoring, large bridge monitoring, smart grid and other areas.