Hangzhou Freely Communication Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 02:58 pm IST
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Hangzhou Freely Communication Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 372.766 million compared to CNY 574.571 million a year ago. Operating loss was CNY 40.798 million compared to operating Income of CNY 19.587 million a year ago. Net loss was CNY 22.452 million compared to net income of CNY 20.524 million a year ago. Basic loss per share from continuing operations was CNY 0.1101 compared to basic earnings per share from continuing operations of CNY 0.1007 a year ago. Diluted loss per share from continuing operations was CNY 0.0747 compared to diluted earnings per share from continuing operations of CNY 0.1007 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.
HANGZHOU FREELY COMMUNICATION CO., LTD. 