Shaanxi Fenghuo Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 07:50 am EDT
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Shaanxi Fenghuo Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 185.470 million compared to CNY 60.346 million a year ago. Operating loss was CNY 20.008 million compared to CNY 57.777 million a year ago. Net loss was CNY 14.896 million compared to CNY 52.483 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.09 a year ago.
Shaanxi Fenghuo Electronics Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and distribution of military and civilian communication equipment and electro-acoustic equipment. The Companyâs main products include shortwave communication equipment, ultra shortwave communication equipment, aviation search and rescue positioning equipment, vehicle or aircraft inner audio control systems, radio frequency identification systems and electronic equipment, among others. The Company distributes its products in domestic market and to overseas markets, including Southeast Asia, Africa, Europe, Americas and others.