Shanghai Broadband Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 04:50 am EDT
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Shanghai Broadband Technology Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 110.39 million compared to CNY 119.82 million a year ago. Revenue was CNY 110.39 million compared to CNY 119.82 million a year ago. Net income was CNY 2.07 million compared to net loss of CNY 0.675614 million a year ago. Basic earnings per share from continuing operations was CNY 0.0063 compared to basic loss per share from continuing operations of CNY 0.0021 a year ago. Diluted earnings per share from continuing operations was CNY 0.0063 compared to diluted loss per share from continuing operations of CNY 0.0021 a year ago.
Shanghai Broadband Technology Co., Ltd is a China based company principally engaged in the processing and sales of steel products. The Company's main products include cold drawn shaped steel tubes, cold drawn and cold-rolled seamless steel tubes, medium and low pressure and high pressure boiler tubes, copper rifled tubes for power station high pressure boilers, expansion joints of highway and bridge steel, corrugated beam guardrail, high frequency welded pipes for industrial heat exchangers tubes bundle, bellows, bellows expansion joints and metal hose. In addition, The Company is also engaged in the commodity trading of fuel oil, steel, billets and metallic materials. The Company operates its business in the domestic market and overseas markets.
SHANGHAI BROADBAND TECHNOLOGY CO.,LTD 
