Hangzhou Freely Communication Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 15, 2022 at 04:19 pm IST
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Hangzhou Freely Communication Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 881.09 million compared to CNY 772.07 million a year ago. Revenue was CNY 883.8 million compared to CNY 777.55 million a year ago. Net income was CNY 17.73 million compared to CNY 16.61 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.08 a year ago.
Hangzhou Freely Communication Co Ltd is a company mainly engaged in construction of communication networks. The Company operates three businesses. The communication network technology service business provides the clients with communication network construction and maintenance services, including communication equipment installation engineering services, indoor distribution system services, daily maintenance of communication networks and fault repair services. The research, development and sales of communication products and supporting products business is engaged in production of mobile communication base station equipment and new energy batteries. The communication product operation business mainly provides integrated mobile office solutions for telecom operators, enterprises and institutions.