Lootom Telcovideo Network Wuxi Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 02:40 pm IST
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Lootom Telcovideo Network wuxi Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 84.111 million compared to CNY 118.950 million a year ago. Operating loss was CNY 5.772 million compared to operating Income of CNY 365,111.66 a year ago. Net loss was CNY 3.226 million compared to net income of CNY 2.428 million a year ago. Basic loss per share from continuing operations was CNY 0.0161 compared to basic earnings per share from continuing operations of CNY 0.0121 a year ago.
Lootom Telcovideo Network Wuxi Co Ltd is a China-based company primarily engaged in the provision of broadband network intelligent connection and smart application overall solutions. The Company mainly operates three businesses. The broadband network intelligent connection service business mainly engages in the provision of network access to networks solutions and products and network operation and maintenance monitoring solutions. The smart Internet of Things (IoT) applications business mainly engages in the provision of smart tourism solutions, emergency management solutions, video surveillance solutions, smart park solutions and other solutions. The related technical services business mainly engages in the provision of network planning, design and engineering construction services. The Company mainly conducts its business within the domestic market.
LOOTOM TELCOVIDEO NETWORK (WUXI) CO., LTD. 
