New Sea Union Technology Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 02:23 pm IST
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New Sea Union Technology Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 46.607 million compared to CNY 53.201 million a year ago. Operating loss was CNY 6.121 million compared to operating Income of CNY 2.043 million a year ago. Net loss was CNY 6.676 million compared to net income of CNY 720,592.08 a year ago. Basic loss per share from continuing operations was CNY 0.0049 compared to basic earnings per share from continuing operations of CNY 0.0005 a year ago.
New Sea Union Technology Group Co Ltd, formerly Suzhou New Sea Union Telecom Technology Co., LTD., is a China-based company, principally engaged in the research and development, manufacture and distribution of communication equipment and related software, and light-emitting diode (LED) products. The Company mainly provides new energy electric logistics vehicles and supporting power batteries, LED products, communications hardware products and software services/products. Its products include private network communication products, communication network products and lightningproof products. The Company mainly conducts its businesses in Jiangsu Province, China.