MOBI Development Co., Ltd. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021
July 26, 2021 at 05:08 am EDT
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MOBI Development Co., Ltd. provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expected to decrease by over 80% as compared to the same period of 2020, without excluding the possibility of loss.
MOBI Development Co., Ltd. is an investment holding company principally engaged in the manufacture and sales of wireless communication antennas and base station radio frequency subsystems. The Company mainly operates through three segments. The Antenna System segment is engaged in the manufacture and sales of antenna systems and related products. Its antenna products include smart antennas, microwave antennas and repeater antennas, among others. The Base Station Radio Frequency Subsystem segment is engaged in the manufacture and sales of base station radio frequency subsystems and related products. Its radio frequency products include duplexers, filters, couplers and drives, among others. The Coverage Extension Solution segment is engaged in the manufacture and sales of coverage products. The Company operates businesses in China, Thailand, Japan, Canada, Mexico and Russia, among others.