Shenzhen Friendcom Technology Development Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 10:36 am EDT
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Shenzhen Friendcom Technology Development Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 289.914 million compared to CNY 308.121 million a year ago. Operating income was CNY 4.383 million compared to CNY 20.660 million a year ago. Net income was CNY 4.729 million compared to CNY 15.553 million a year ago. Basic earnings per share from continuing operations was CNY 0.0236 compared to CNY 0.0778 a year ago.
Shenzhen Friendcom Technology Development Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of wireless products, as well as the provision of maintenance and operation services. The Company operates its businesses through two main segments. The Wireless Networks segment is mainly engaged in the research, development, manufacture and sales of wireless sensor network modules. The Electric Power Terminals segment is mainly engaged in the assembling electric power terminal products, which are comprised of concentrators, collectors and data acquire terminals of special transformers, from wireless network products. The Companyâs electric information acquire systems are mainly applied in the construction of national smart grids.
SHENZHEN FRIENDCOM TECHNOLOGY DEVELOPMENT CO., LTD. 
