Troy Information Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
April 24, 2023 at 10:28 am EDT
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Troy Information Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was CNY 493.64 million compared to CNY 377.76 million a year ago. Revenue was CNY 493.64 million compared to CNY 377.76 million a year ago.
Net income was CNY 24.75 million compared to CNY 33.03 million a year ago. Basic earnings per share from continuing operations was CNY 0.041 compared to CNY 0.055 a year ago. Diluted earnings per share from continuing operations was CNY 0.041 compared to CNY 0.055 a year ago.
Troy Information Technology Co., Ltd., formerly Sichuan Troy Information Technology Co.,Ltd., is a China-based provider of overall information solutions and operations information services. The Company is principally engaged in integrated development, the provision of technical services, software development and implementation, as well as the sale of dynamic environmental monitoring products. The Company's main products include communications Internet, energy Internet and the Internet of Things. The Company mainly provides consulting and assessment, planning and design, development and commissioning, deployment and integration, operation support and optimization, as well as adjustment services. The Company's products are mainly used in carrier operators, the government, as well as transportation, finance, education, iron tower, electricity, water conservancy, energy saving and new energy industries. The Company operates its business mainly in domestic market.