Hangzhou Prevail Optoelectronic Equipment Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 05:05 am EDT
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Hangzhou Prevail Optoelectronic Equipment Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 343.665 million compared to CNY 211.881 million a year ago. Operating income was CNY 8.801 million compared to operating loss of CNY 5.339 million a year ago. Net income was CNY 9.362 million compared to net loss of CNY 3.486 million a year ago. Basic earnings per share from continuing operations was CNY 0.1365 compared to basic loss per share from continuing operations of CNY 0.0508 a year ago.
Hangzhou Prevail Optoelectronic Equipment Co Ltd is a company mainly engaged in research, development, production and sales of radio and television network equipment. The Company's primary products are cable television optical fiber transmission equipment and cable television cable transmission equipment, such as optical transmitters, optical receivers, amplifiers, branch distributors and radio frequency equipment. The Company is also involved in production of front-end system and data communication system products, including satellite receivers, network adapters, encoders and Ethernet over Coax (EOC) equipment. The Company's products are mainly used in the transmission network, optimization and upgrading, as well as broadband access in radio and television industry. The Company sells its products to both domestic and international markets, including Vietnam, Indonesia, Singapore, Turkey and Russia.
HANGZHOU PREVAIL OPTOELECTRONIC EQUIPMENT CO., LTD. 
