Fujian Star-Net Communication Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 04:11 am EDT
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Fujian Star-net Communication Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 6,561.773 million compared to CNY 5,993.124 million a year ago. Operating income was CNY 504.330 million compared to CNY 703.656 million a year ago. Net income was CNY 330.142 million compared to CNY 480.301 million a year ago. Basic earnings per share from continuing operations was CNY 0.566 compared to CNY 0.8234 a year ago.
Fujian Star-net Communication Co., LTD. is a China-based company principally engaged in the research and development, production and distribution of communication equipment. The Company's main products consist of network equipment, enterprise level network equipment, communication products, video information equipment and others. The Company's products are applied in the network construction, wireless network, cloud computing, payment, digital entertainment Karaoke, converged communication and other businesses. It distributes its products within domestic market and to overseas markets.