Fuchun Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 08:56 am EDT
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Fuchun Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 303.873 million compared to CNY 352.217 million a year ago. Operating income was CNY 62.671 million compared to CNY 26.352 million a year ago. Net income was CNY 68.780 million compared to CNY 24.172 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.03 a year ago.
Fuchun Technology Co., Ltd., formerly Fuchun Communications Co., Ltd., is a China-based company principally engaged in research and development, publication and operation of games. The Company mainly operates intellectual property (IP) mobile games and others. The Company is also engaged in communications business, including planning consulting, feasibility research and survey design in the early stage of communication network construction. In addition, the Company is also engaged in the sales of integrated equipment. The Company operates its businesses in domestic market and overseas markets.