Tag: Tongyu

Tongyu Communication: Revenue and profit both growth in Q1 2022

According to the financial report of Tongyu Communication in Q1 2022, Tongyu Communications achieved operating revenue of 404 million CNY, up 17.81% year on year increases. Recorded a 29.98% jump in net profit to 20.07 million CNY the same period. Tongyu continues to achieve good earnings growth. In the past year of 2021, Tongyu Communication overcame the three adverse factors of the general environment caused by the COVID-19, including the sharp rise in the price of bulk raw materials such as aluminum, the sharp increase in international freight and the impact of appreciation of RMB. Despite the ... Read more