Raisecom Technology Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 10:07 pm IST
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RAISECOM TECHNOLOGY CO.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 792.952 million compared to CNY 692.429 million a year ago. Operating loss was CNY 766.151 million compared to operating Income of CNY 22.260 million a year ago. Net loss was CNY 772.258 million compared to net income of CNY 11.426 million a year ago. Basic loss per share from continuing operations was CNY 1.83 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago.
Raisecom Technology Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of communication network access products. The Company's main products include integrated access terminal products, centralized local port terminal products, industrial networking products, private wireless networking products, software products and auxiliary access products. Its products are mainly used in communications operation, smart grid, intelligent transportation and other fields. The Company mainly distributes its products in domestic and overseas markets.