Lootom Telcovideo Network Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 08:15 am EDT
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Lootom Telcovideo Network (wuxi) Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 113.5 million compared to CNY 137.84 million a year ago. Revenue was CNY 113.5 million compared to CNY 137.84 million a year ago. Net loss was CNY 8.25 million compared to net income of CNY 1.15 million a year ago. Basic loss per share from continuing operations was CNY 0.0412 compared to basic earnings per share from continuing operations of CNY 0.0058 a year ago. Diluted loss per share from continuing operations was CNY 0.0412 compared to diluted earnings per share from continuing operations of CNY 0.0058 a year ago.
LOOTOM TELCOVIDEO NETWORK WUXI CO., LTD. is a China-based company mainly engaged in providing broadband network intelligent connection and smart application overall solutions. The main products and services of the Company include network transmission systems, smart Internet of Things (IoT) applications and related technical services. The Companyâs products are mainly applied in radio and television network access network construction, two-way transformation, optimization and upgrading, operation and maintenance management as well as value-added applications. The Company conducts its businesses primary in domestic market.