Doro AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 16, 2021 at 02:00 am EDT
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Doro AB publ announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was SEK 406.9 million compared to SEK 332.3 million a year ago. Operating income was SEK 21.5 million compared to SEK 7.8 million a year ago. Net income was SEK 12.9 million compared to net loss of SEK 3.3 million a year ago. Basic earnings per share from continuing operations was SEK 0.54 compared to basic loss per share from continuing operations of SEK 0.14 a year ago. For the half year, sales was SEK 743.6 million compared to SEK 756.5 million a year ago. Operating income was SEK 38.9 million compared to SEK 23 million a year ago. Net income was SEK 31.7 million compared to SEK 11.3 million a year ago. Basic earnings per share from continuing operations was SEK 1.32 compared to SEK 0.47 a year ago.
Doro AB is a Sweden-based company that develops and sells electronic products, primarily in the telecommunications sector. The Companyâs product portfolio is divided into three business units, namely Telecom in Care Electronics, which provides mobile phones, cordless and corded phones, remote controls, alarm clocks and headsets, among others; mHealth, which provides mobile-based services in the health sector, such as Doro 3.0, the mobile application for Android telephones; and CareTech, entailing information technology (IT) solutions like IT outsourcing and Web products and services such as content management as well as document management, among others. This range of products is available through several sales channels, including telecom operators and retailers in more than 40 countries.
DORO AB 
