Gosuncn Technology Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 10:20 am EDT
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Gosuncn Technology Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,469.351 million compared to CNY 2,163.114 million a year ago. Operating loss was CNY 176.752 million compared to operating Income of CNY 54.646 million a year ago. Net loss was CNY 115.471 million compared to net income of CNY 60.722 million a year ago. Basic loss per share from continuing operations was CNY 0.0658 compared to basic earnings per share from continuing operations of CNY 0.0351 a year ago. Diluted loss per share from continuing operations was CNY 0.0658 compared to diluted earnings per share from continuing operations of CNY 0.035 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. 
