Gome Telecom Equipment Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:12 am EDT
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Gome Telecom Equipment Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 168.26 million compared to CNY 670.71 million a year ago. Revenue was CNY 168.26 million compared to CNY 670.71 million a year ago. Net loss was CNY 18.85 million compared to CNY 191.77 million a year ago. Basic loss per share from continuing operations was CNY 0.0715 compared to CNY 0.7594 a year ago. Diluted loss per share from continuing operations was CNY 0.0715 compared to CNY 0.7594 a year ago.
Gome Telecom Equipment Co., Ltd., formerly Sanlian Commercial Co., Ltd., is a China-based company principally engaged in the distribution of household electrical appliances. The Company operates regular chain household electrical appliance stores, which deal with color television (TV) sets, air-conditioners, refrigerators, washing machines, mobile phones, digital products, computers, video and audio products, kitchen electrical appliances, office equipment and small electrical appliances. The Company distributes its products through both physical stores and online store.