Focused Photonics, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 07:14 am EDT
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Focused Photonics (Hangzhou), Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 502.36 million compared to CNY 524.16 million a year ago. Revenue was CNY 502.36 million compared to CNY 524.16 million a year ago. Net loss was CNY 59.04 million compared to CNY 82.99 million a year ago. Basic loss per share from continuing operations was CNY 0.133 compared to CNY 0.187 a year ago. Diluted loss per share from continuing operations was CNY 0.133 compared to CNY 0.187 a year ago.
Focused Photonics (Hangzhou), Inc. is principally engaged in the research, development, manufacture and distribution of instruments. The Company primarily provides environment monitoring systems, including waste gas pollution monitoring systems, environment air quality monitoring systems, sewage pollution monitoring systems and surface water quality monitoring systems, and industrial process analysis systems, including laser online gas analysis systems, ultraviolet online gas analysis systems, near-infrared online liquid analysis systems and metal analysis products. The Company also provides security monitoring systems, and analytical and laboratory instruments. Its instruments are applied in environment monitoring and industrial process analysis.