Mobi Development Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 20, 2021 at 08:15 am EDT
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MOBI Development Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 263.227 million compared to CNY 456.850 million a year ago. Net loss was CNY 57.576 million compared to net income of CNY 14.906 million a year ago. Basic loss per share from continuing operations was CNY 0.0704 compared to basic earnings per share from continuing operations of CNY 0.0182 a year ago. Diluted eps - continuing operations was CNY 0 compared to CNY 0.0182 a year ago.
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.
MOBI DEVELOPMENT CO., LTD. 
