Shanghai Fortune Techgroup Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 03:58 am EDT
Share
Shanghai Fortune Techgroup Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,331.01 million compared to CNY 965.66 million a year ago. Revenue was CNY 1,331.01 million compared to CNY 965.66 million a year ago. Net income was CNY 44.96 million compared to CNY 31.36 million a year ago. Basic earnings per share from continuing operations was CNY 0.092 compared to CNY 0.066 a year ago. Diluted earnings per share from continuing operations was CNY 0.092 compared to CNY 0.066 a year ago.
Shanghai Fortune Techgroup Co., Ltd. is a China-based authorized distributor of integrated circuits (ICs). The Company is mainly providing a range of technical support services including IC application solutions to customers, so as to form the sales of IC products. The products distributed by the Company are focused on the communication connection chip and the sensor chip, which are divided into eight categories, including wireless fidelity (WiFi) and network processor chips, wireless connected chips, capacitors, sensor chips, radio frequency (RF) and power amplifiers, connectors and microprocessor chips, among others.