Shenzhen Coship Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 08:36 pm IST
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Shenzhen Coship Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 36.400 million compared to CNY 86.516 million a year ago. Operating loss was CNY 15.732 million compared to CNY 21.863 million a year ago. Net loss was CNY 16.046 million compared to CNY 21.853 million a year ago.
Shenzhen Coship Electronics Co Ltd is a China-based company mainly engaged in the manufacture and sale of communications industry and related equipment. The Company conducts two businesses. The communications and related equipment manufacturing business is engaged in the research and development, manufacturing, service and sales of radio and television full-service integrated cloud platform, digital television (TV) middleware, smart TV operating system next-generation broadcast network (TVOS), smart digital terminals, smart gateways, digital TV front-end equipment and others, as well as the development, integration and operation of value-added services related to smart homes, mainly for radio and television operators, telecommunications operators and global overseas operator markets. The new energy lithium-ion battery business is engaged in the technical research and development, production and sales of lithium-ion batteries. The Company mainly conducts business in the domestic market.