Beijing Emerging Eastern Aviation Equipment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 09:30 am EDT
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Beijing Emerging Eastern Aviation Equipment Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 76.78 million compared to CNY 21.25 million a year ago. Revenue was CNY 76.78 million compared to CNY 21.25 million a year ago. Net income was CNY 9.57 million compared to net loss of CNY 17.66 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to basic loss per share from continuing operations of CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to diluted loss per share from continuing operations of CNY 0.15 a year ago.
BEIJING EMERGING EASTERN AVIATION EQUIPMENT CO., LTD. is a China-based company principally engaged in the research, development, manufacture and sales of aviation equipment based on servo control technology, as well as the provision of related technical services. The Company's main products are airborne suspension/launching devices, such as rack-mounted random systems and turret random systems. The Company also provides aviation equipment, such as aircraft information management and recording systems, integrated testing and support systems, as well as military autonomous controllable computers. The Company's products are mainly applied in aerospace equipment, such as helicopters, fixed-wing aircrafts and drones.