Strait Innovation Internet Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 08:08 am EDT
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Strait Innovation Internet Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 33.45 million compared to CNY 94.17 million a year ago. Revenue was CNY 33.45 million compared to CNY 94.17 million a year ago. Net loss was CNY 42.39 million compared to net income of CNY 2.33 million a year ago. Basic loss per share from continuing operations was CNY 0.0631 compared to basic earnings per share from continuing operations of CNY 0.0035 a year ago. Diluted loss per share from continuing operations was CNY 0.0631 compared to diluted earnings per share from continuing operations of CNY 0.0035 a year ago.
Strait Innovation Internet Co Ltd, formerly Hakim Unique Internet Co Ltd, is principally engaged in the intelligent Internet, entertainment media and innovative finance business. The Intelligent Internet business provides government-level customers with a package of solutions, such as consulting, integration, implementation, as well as operation. The Entertainment Media business develops the cinema, theme parks and other scene assets. The Innovative Finance business builds an innovative financial platform covering financial technology and financial services.