Hangzhou Shenhao Technology Co.,LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 07:41 am EDT
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Hangzhou Shenhao Technology Co.,LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 82.87 million compared to CNY 111.86 million a year ago. Revenue was CNY 82.87 million compared to CNY 111.86 million a year ago. Net income was CNY 1.36 million compared to CNY 16.56 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.01 compared to CNY 0.11 a year ago.
Hangzhou Shenhao Technology Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of intelligent monitoring products for power equipment. The Company's product types are mainly divided into intelligent inspection robots and intelligent power monitoring and control equipment, which are used in the power generation, transmission and transformation, and distribution of the power system. Intelligent inspection robots include wheeled intelligent inspection robots, rail-mounted intelligent inspection robots, and intelligent hardware, among others. Intelligent power monitoring and control equipment includes intelligent dehumidifiers, secondary pressure plate status monitoring, gas in oil detection equipment, submarine cable channel anchor loss prevention devices, fault monitoring devices, ring network cabinets and box-type switching stations, among others.