Shenzhen Sinovatio Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 25, 2019 at 05:53 am EDT
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Shenzhen Sinovatio Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 610.473 million compared to CNY 475.054 million a year ago. Operating income was CNY 210.369 million compared to CNY 174.922 million a year ago. Net income was CNY 176.198 million compared to CNY 156.380 million a year ago. Basic earnings per share from continuing operations was CNY 1.65 compared to CNY 1.47 a year ago.
Shenzhen Sinovatio Technology Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of network visualization infrastructure products. The Company is also engaged in the research and development, manufacture and sales of Internet content security products and big data operation products. It provides the related product installation, commissioning and training services. The Company's main products include Internet broadband data convergence and distribution management products, mobile access network data acquisition and analysis products and network content security products, among others. The Company mainly distributes its products within domestic market.