Financial Performance - The company reported an unaudited consolidated loss attributable to owners of approximately RMB 11,529,000 for the three months ended March 31, 2022[2]. - Total operating revenue for the same period was RMB 256,291,000, a significant increase from RMB 141,017,000 in the previous year, representing an 82% year-over-year growth[4]. - Total operating costs increased to RMB 268,313,000 from RMB 143,525,000, indicating a rise of 87% year-over-year[4]. - The company recorded a net loss of RMB 11,382,000 for the three months ended March 31, 2022, compared to a net loss of RMB 2,312,000 in the same period last year[6]. - Basic and diluted earnings per share were both reported at -0.0222, compared to -0.0053 in the previous year[6]. - The revenue from drip irrigation belts and accessories decreased to RMB 10,721,000 from RMB 13,462,000 year-over-year[11]. Strategic Initiatives - The company aims to enhance its overall strength and competitive advantage by focusing on "products + agricultural services + engineering + trade" in 2022[13]. - The government is expected to play a major role in funding high-standard farmland construction, which presents a significant market opportunity for the company[13]. - The company plans to expand its engineering business in southern Xinjiang and mainland China, as well as actively promote trade growth[13]. Corporate Governance - The company has a registered capital of RMB 519,521,560 and a total of 519,521,560 shares outstanding[8]. - The board of directors consists of three executive directors and four independent non-executive directors[15]. - The chairman of the board is Mr. Li He[15]. - The board includes Mr. Huang Dong and Mr. Tan Xinmin as executive directors[15]. - Independent non-executive directors include Mr. Li Lianjun, Mr. Yin Feihu, Ms. Gu Li, and Mr. Hong Weide[15]. - The company is based in Xinjiang, China[15]. Announcement Details - The announcement is dated April 20, 2022[15]. - The announcement does not provide specific financial data or performance metrics[15]. - No future outlook or strategic initiatives are mentioned in the provided content[15]. - The document primarily focuses on the composition of the board of directors[15].
天业节水(00840) - 2022 Q1 - 季度财报