Shenzhen Dvision Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 11:16 pm IST
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Shenzhen Dvision Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 50.742 million compared to CNY 82.749 million a year ago. Operating loss was CNY 17.967 million compared to operating Income of CNY 7.337 million a year ago. Net loss was CNY 16.941 million compared to CNY 4.553 million a year ago. Basic loss per share from continuing operations was CNY 0.0564 compared to CNY 0.0152 a year ago.
Shenzhen Dvision Co., Ltd., formerly Shenzhen Dvision Video Communications Co., Ltd., is a China-based company principally engaged in the provision of customized video communication integrated solutions for private network users, including government and public security users. The Company primarily provides video surveillance integration application platform (SIAP) solution and video administration system (VAS) solution. The Company's SIAP solution is mainly used by public security users. Its VAS solution is mainly used by government users. The Company mainly operates its business in domestic market. Through its subsidiaries, the Company also involves in the development and distribution of communication software, image integrated application software and video conference recording systems.