Shenzhen Coship Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 11:41 am EDT
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Shenzhen Coship Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 16.2 million compared to CNY 36.4 million a year ago. Revenue was CNY 16.2 million compared to CNY 36.4 million a year ago. Net loss was CNY 21.08 million compared to CNY 16.05 million a year ago. Basic loss per share from continuing operations was CNY 0.0283 compared to CNY 0.0215 a year ago. Diluted loss per share from continuing operations was CNY 0.0283 compared to CNY 0.0215 a year ago.
SHENZHEN COSHIP ELECTRONICS CO., LTD is a China-based company, principally engaged in telecommunication industry, as well as manufacture and sales of relevant equipment. The Company mainly provides cable television (CATV) access devices, satellite television subscriber terminals, and others. The Company's products consist of encoders, transcoders, decoders, digital video broadcasting (DVB) gateways, set top boxes, such as wired digital set top boxes, satellite digital set top boxes, terrestrial digital set top boxes and others, wireless routers, network cameras and others. The Company distributes its products in both domestic and overseas markets.