Queclink Wireless Solutions Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2023
Published on 07/21/2023 at 06:41
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Queclink Wireless Solutions Co., Ltd. reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was CNY 423.21 million compared to CNY 484.86 million a year ago. Revenue was CNY 423.84 million compared to CNY 486.52 million a year ago.
Net income was CNY 61.98 million compared to CNY 85.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.1354 compared to CNY 0.1857 a year ago. Diluted earnings per share from continuing operations was CNY 0.1354 compared to CNY 0.1857 a year ago.
Queclink Wireless Solutions Co Ltd is a company engaged in research, development and sales of wireless machines and machine terminal equipment. The Company has four types of products. The in-vehicle information intelligent terminal products are used for fine management of fleets, such as fuel consumption and expense monitoring. The asset management information intelligent terminal products are used to locate, track and ensure safety of mobile assets and remote assets through collecting data. The personal safety smart terminal products are placed on individuals to trace and locate people, therefore ensure the personal safety of special persons, such as the elderly, children and field workers. The animal traceability management products are focused on tracing problems in animal feeding, transportation, slaughtering and other processes. The Company sells its products to both domestic and international markets, including North America, Africa, South America and Europe.
