Avcon Information Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 07:55 am EDT
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AVCON Information Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 445.330 million compared to CNY 477.681 million a year ago. Operating income was CNY 19.724 million compared to CNY 17.667 million a year ago. Net income was CNY 22.664 million compared to CNY 15.966 million a year ago. Basic earnings per share from continuing operations was CNY 0.0428 compared to CNY 0.03 a year ago.
AVCON Information Technology Co.,Ltd. is a China-based company principally engaged in the research, development, design, distribution and technical service provision of audio and video communication products and image intelligent integration applications. The Company primarily provides intelligent multimedia communication solutions, including video conference system, emergency command system, intelligent city, online education, intelligent healthcare, video bank and video monitoring control system, among others. The Company is also involved in the development of related technology and the provision of after-sale services. The Company operates its business in domestic market.