Netac Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 06:26 pm IST
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Netac Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 973.418 million compared to CNY 824.735 million a year ago. Operating income was CNY 67.693 million compared to CNY 64.190 million a year ago. Net income was CNY 55.785 million compared to CNY 51.060 million a year ago. Basic earnings per share from continuing operations was CNY 0.2784 compared to CNY 0.2548 a year ago.
Netac Technology Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of flash memory application and mobile storage products. The Company is also engaged in the operation of related technology patent and the house leasing business. The Company's main products include flash drives, mobile hard drives, flash memory control chips, solid state drives and flash memory modules. The Company mainly conducts its business in domestic market.
NETAC TECHNOLOGY CO., LTD. 
