Hitevision Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 11:49 am EDT
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Hitevision Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 905.6 million compared to CNY 796.36 million a year ago. Revenue was CNY 905.6 million compared to CNY 796.36 million a year ago. Net income was CNY 41.37 million compared to CNY 6.84 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 0.18 compared to CNY 0.03 a year ago.
Hitevision Co., Ltd. is a China-based company mainly engaged in the design, development, production and sales of intelligent interactive display products and providing intelligent audiovisual solutions. The Company's intelligent interactive display products mainly include intelligent interactive tablets, projectors, electronic interactive whiteboards, video booths, recording and broadcasting products, electronic class cards, electronic school bags and accessories. The intelligent audiovisual solution business mainly includes the provision of video system integration solution design, project coordination management, software development, equipment installation and commissioning, user training and equipment maintenance businesses. The Company's products are mainly used in primary and secondary schools and universities, early childhood education, training institutions, enterprises and institutions and government agencies.