MeiG Smart Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022
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MeiG Smart Technology Co., Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 400.55 million compared to CNY 259.66 million a year ago. Revenue was CNY 400.55 million compared to CNY 259.66 million a year ago. Net income was CNY 24.61 million compared to CNY 15.41 million a year ago. Basic earnings per share was CNY 0.1 compared to CNY 0.0692 a year ago. Diluted earnings per share was CNY 0.1 compared to CNY 0.0692 a year ago.
MeiG Smart Technology Co,. Ltd, formerly Shenzhen MeiG Smart Technology Co., Ltd., is a China-based company mainly engaged in the research and development, manufacturing and sales of the fourth generation of mobile phone mobile communication technology standards (4G) applications and precision components. The Company develops and sells 4G wireless communication modules and 4G smart terminals and provides customers with research and development services based on 4G communication technology. The Company also engaged in the research, production and sales of precision structural parts and precision molds for various communication terminal products represented by smart phones. The Company's products include 4G communication modules and smart terminals, mobile phone precision structural parts, smart phones, driving recorders, wireless routers, etc. The Company operates its businesses within the domestic market and to overseas markets.
MEIG SMART TECHNOLOGY CO., LTD 
