Wuhan Tianyu Information Industry Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 05:46 pm IST
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Wuhan Tianyu Information Industry Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,693.529 million compared to CNY 2,212.106 million a year ago. Operating loss was CNY 58.235 million compared to operating Income of CNY 203.496 million a year ago. Net loss was CNY 60.737 million compared to net income of CNY 192.396 million a year ago. Basic loss per share from continuing operations was CNY 0.1412 compared to basic earnings per share from continuing operations of CNY 0.4474 a year ago.
Wuhan Tianyu Information Industry Co Ltd is a China-based company principally involved in the development, manufacture, distribution and services of smart card products and related application systems. The Company primarily provides smart cards including communication smart cards, financial integrated circuit (IC) cards, intelligent traffic card, among others; terminal, including tax control disk and intelligent point of sale (POS), among others. Its products are applied in communications, finance and electronic payment, mobile multimedia broadcasting television, taxation, intelligent transportation, medical electronics and mobile Internet, among others. The Company also involves in the provision of technical services and development, as well as system integration business.