Chengdu Corpro Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 19, 2020 at 05:38 am EDT
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Chengdu CORPRO Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 322.182 million compared to CNY 301.727 million a year ago. Operating income was CNY 49.127 million compared to CNY 1.860 million a year ago. Net income was CNY 50.872 million compared to CNY 8.207 million a year ago. Basic earnings per share from continuing operations was CNY 0.0912 compared to CNY 0.0147 a year ago.
Chengdu CORPRO Technology Co Ltd is a China-based company mainly engaged in the research and development, production and sales of satellite positioning terminals and components. The Company is mainly engaged in the design, development and sales of electronic components, the research, production and sales of Beidou satellite navigation products, as well as video optoelectronics, security monitoring and other smart city construction and operation services. The Company's integrated circuit products mainly include converters, clocks, software radio and other radio frequency (RF) chips, video chips, interface chips and other interface chips, as well as system-on-chip (SOC) products. The Company mainly conducts it businesses in the domestic market.