Netac Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 08:24 am EDT
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Netac Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,374.65 million compared to CNY 973.42 million a year ago. Revenue was CNY 1,374.65 million compared to CNY 973.42 million a year ago. Net income was CNY 64.76 million compared to CNY 55.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.3231 compared to CNY 0.2784 a year ago. Diluted earnings per share from continuing operations was CNY 0.3231 compared to CNY 0.2784 a year ago.
Netac Technology Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of flash memory application and mobile storage products. The Company is also engaged in the operation of related technology patent and the house leasing business. The Company's main products include flash drives, mobile hard drives, flash memory control chips, solid state drives and flash memory modules. The Company mainly conducts its business in domestic market.