Sumavision Technologies Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 10:32 pm IST
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Sumavision Technologies Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 208.519 million compared to CNY 154.532 million a year ago. Operating income was CNY 11.083 million compared to operating loss of CNY 31.377 million a year ago. Net income was CNY 12.124 million compared to net loss of CNY 28.056 million a year ago. Basic earnings per share from continuing operations was CNY 0.0085 compared to basic loss per share from continuing operations of CNY 0.02 a year ago. Diluted earnings per share from continuing operations was CNY 0.0083 compared to diluted loss per share from continuing operations of CNY 0.0198 a year ago.
Sumavision Technologies Co.,Ltd. is a China-based company principally engaged in the research, development, production, distribution and provision of services of digital broadcasting and television software and hardware. The Companyâs main products and services include cloud and big data services, digital television systems and services, new media technology services and applications, intelligent gateway and terminals, financial and Internet financial technology services and applications, as well as television operation system (TVOS) and security products, among others. The Company distributes its products in domestic market and to overseas markets.