Shenzhen Friendcom Technology Development Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:35 am EDT
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Shenzhen Friendcom Technology Development Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 554.46 million compared to CNY 425.78 million a year ago. Revenue was CNY 554.46 million compared to CNY 425.78 million a year ago. Net income was CNY 31.1 million compared to CNY 9.55 million a year ago. Basic earnings per share from continuing operations was CNY 0.1555 compared to CNY 0.0478 a year ago. Diluted earnings per share from continuing operations was CNY 0.1555 compared to CNY 0.0478 a year ago.
Shenzhen Friendcom Technology Development Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of wireless products, as well as the provision of maintenance and operation services. The Company operates its businesses through two main segments. The Wireless Networks segment is mainly engaged in the research, development, manufacture and sales of wireless sensor network modules. The Electric Power Terminals segment is mainly engaged in the assembling electric power terminal products, which are comprised of concentrators, collectors and data acquire terminals of special transformers, from wireless network products. The Companyâs electric information acquire systems are mainly applied in the construction of national smart grids.
SHENZHEN FRIENDCOM TECHNOLOGY DEVELOPMENT CO., LTD. 
