Doro AB Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 02:00 am EDT
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Doro AB (publ) announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was SEK 336.7 million compared to SEK 424.2 million a year ago. Operating income was SEK 17.4 million compared to SEK 15.2 million a year ago. Net income was SEK 18.8 million compared to SEK 14.5 million a year ago. Basic earnings per share from continuing operations was SEK 0.78 compared to SEK 0.61 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 
