Fuchun Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:45 am EDT
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Fuchun Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 79 million compared to CNY 91.75 million a year ago. Revenue was CNY 79 million compared to CNY 91.75 million a year ago. Net income was CNY 12.21 million compared to CNY 11.23 million a year ago. Basic earnings per share from continuing operations was CNY 0.0177 compared to CNY 0.0162 a year ago. Diluted earnings per share from continuing operations was CNY 0.0177 compared to CNY 0.0162 a year ago.
Fuchun Technology Co., Ltd., formerly Fuchun Communications Co., Ltd., is a China-based company principally engaged in research and development, publication and operation of games. The Company mainly operates intellectual property (IP) mobile games and others. The Company is also engaged in communications business, including planning consulting, feasibility research and survey design in the early stage of communication network construction. In addition, the Company is also engaged in the sales of integrated equipment. The Company operates its businesses in domestic market and overseas markets.