Leo Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 09:04 am EDT
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Leo Group Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 4,712.9 million compared to CNY 4,355.6 million a year ago. Revenue was CNY 4,712.9 million compared to CNY 4,355.6 million a year ago. Net loss was CNY 829.47 million compared to CNY 507.97 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.12 compared to CNY 0.08 a year ago.
Leo Group Co., Ltd. is a China-based company, principally engaged in the machinery manufacturing and the provision of Internet services. The Company operates its businesses through two segments. The Machinery Manufacturing segment is engaged in the research and development, manufacture and sales of pumps, garden machinery, cleaning and plant protection machinery. The Internet Services segment mainly provides digital marketing services, digital media agency services, data integration services and precision marketing services, among others. The Company conducts its businesses in domestic and overseas markets.