Shenzhen Soling Industrial Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 26, 2022 at 05:33 am EDT
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Shenzhen Soling Industrial Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 759.56 million compared to CNY 974.68 million a year ago. Revenue was CNY 761.96 million compared to CNY 1,026.45 million a year ago. Net loss was CNY 670.21 million compared to CNY 1,305.32 million a year ago. Basic loss per share from continuing operations was CNY 0.7945 compared to CNY 1.5475 a year ago. Diluted loss per share from continuing operations was CNY 0.7945 compared to CNY 1.5475 a year ago.
Shenzhen Soling Industrial Co Ltd is a China-based company principally engaged in the research and development, manufacture, sales and provision of services of car informatic device (CID) systems. The Company's products are mainly categorized into three types, including multimedia navigation CID system, multi-functional entertainment CID system and intelligent CID system. The Companyâs products are used in automotive satellite navigation and positioning, wireless communication, information entertainment, security and monitoring, automotive mobile Internet and other areas. The Company mainly operates its businesses in the domestic and overseas markets.
SHENZHEN SOLING INDUSTRIAL CO.,LTD 
