Gosuncn Technology Group Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 11:14 am EDT
Share
Gosuncn Technology Group Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 939.009 million compared to CNY 1,613.928 million a year ago. Operating loss was CNY 84.439 million compared to operating Income of CNY 193.266 million a year ago. Net loss was CNY 56.845 million compared to net income of CNY 185.114 million a year ago. Basic loss per share from continuing operations was CNY 0.0324 compared to basic earnings per share from continuing operations of CNY 0.1072 a year ago. Diluted loss per share from continuing operations was CNY 0.0324 compared to diluted earnings per share from continuing operations of CNY 0.1068 a year ago.
Gosuncn Technology Group Co., Ltd. is a China-based company principally engaged in the provision of solutions and related software and hardware products for communication operation and maintenance integrated management systems. The Companyâs main products include integrated monitoring systems, railway traffic safety systems, public security law enforcement supervision products and automotive electronic identification products, among others. The Company's products are mainly used in communication, public safety, smart city and Internet of vehicles. The Company distributes its products in domestic market.
GOSUNCN TECHNOLOGY GROUP CO., LTD. 
