Beijing Bdstar Navigation Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 06:59 am EDT
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Beijing BDStar Navigation Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,624.338 million compared to CNY 2,987.002 million a year ago. Operating income was CNY 169.487 million compared to operating loss of CNY 759.494 million a year ago. Net income was CNY 146.553 million compared to net loss of CNY 651.236 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to basic loss per share from continuing operations of CNY 1.31 a year ago. Diluted earnings per share from continuing operations was CNY 0.29 compared to diluted loss per share from continuing operations of CNY 1.31 a year ago.
Beijing BDStar Navigation Co., Ltd is a China-based company, principally engaged in the research and development, manufacture and distribution of satellite navigation positioning products and other navigation products. Its main products include Global Navigation Satellite System (GNSS) chips, modules and board cards, navigation positioning antennas and microwave communication devices, among others. The Company is also engaged in the research and development, manufacture and distribution of automotive electronics and navigation products and automotive audio entertainment products, national defense equipment business, and industry application and operation services business. The Company conducts its businesses within domestic and overseas markets.