Shenzhen Sinovatio Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 03:23 pm IST
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Shenzhen Sinovatio Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 520.51 million compared to CNY 625.11 million a year ago. Revenue was CNY 520.51 million compared to CNY 625.11 million a year ago. Net loss was CNY 69.69 million compared to net income of CNY 143.67 million a year ago. Basic loss per share from continuing operations was CNY 0.42 compared to basic earnings per share from continuing operations of CNY 0.83 a year ago. Diluted loss per share from continuing operations was CNY 0.42 compared to diluted earnings per share from continuing operations of CNY 0.83 a year ago.
Shenzhen Sinovatio Technology Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of network visualization infrastructure products. The Company is also engaged in the research and development, manufacture and sales of Internet content security products and big data operation products. It provides the related product installation, commissioning and training services. The Company's main products include Internet broadband data convergence and distribution management products, mobile access network data acquisition and analysis products and network content security products, among others. The Company mainly distributes its products within domestic market.