Sichuan Tianyi Comheart Telecom Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 23, 2020 at 07:59 am EDT
Share
Sichuan Tianyi Comheart Telecom Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 455.756 million compared to CNY 708.297 million a year ago. Operating income was CNY 46.927 million compared to CNY 56.970 million a year ago. Net income was CNY 38.951 million compared to CNY 50.097 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.19 a year ago.
Sichuan Tianyi Comheart Telecom Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of broadband network terminal equipment, physical connection and protection equipment for communication networks, as well as mobile communication network optimization system equipment. The Companyâs main products include fiber access terminal equipment, Internet protocol television (IPTV) set-top boxes, converged terminals, X digital subscriber line (xDSL) access terminal equipment, optical fiber connection activators, optical splitters, optical fiber wiring series equipment, access network cables, repeaters, trunk amplifiers, couplers and others. The Company's products are mainly applied in access network systems in communication networks. The Company distributes within domestic market and to overseas markets.