Shanghai Feilo Acoustics Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 09:08 am EDT
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Shanghai Feilo Acoustics Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,138.26 million compared to CNY 1,138.67 million a year ago. Revenue was CNY 1,138.26 million compared to CNY 1,138.67 million a year ago. Net loss was CNY 60.45 million compared to CNY 58.84 million a year ago. Basic loss per share from continuing operations was CNY 0.024 compared to CNY 0.023 a year ago. Diluted loss per share from continuing operations was CNY 0.024 compared to CNY 0.023 a year ago.
Shanghai Feilo Acoustics Co., ltd is a China-based company, principally engaged in the manufacture and distribution of lighting equipment. The Company is engaged in the manufacture and sales of light source electrical appliances and lighting products, the sales and engineering service of audio products, and installation works of lighting equipment. The Company's products include High Intensity Discharge (HID) light sources, energy saving products, inductor electronics, traditional lamps, light-emitting diode (LED) products, automotive lighting products and components. The Company is also engaged in contract energy management and the provision of technical services. The Company distributes its products within domestic markets and to overseas markets.
SHANGHAI FEILO ACOUSTICS CO.,LTD 
