Sumavision Technologies Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 26, 2019 at 02:47 pm EDT
Share
Sumavision Technologies Co.,Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 309.015 million compared to CNY 268.581 million a year ago. Operating income was CNY 57.035 million compared to CNY 50.171 million a year ago. Net income was CNY 53.449 million compared to CNY 52.389 million a year ago. Basic earnings per share from continuing operations was CNY 0.0388 compared to CNY 0.038 a year ago. Diluted earnings per share from continuing operations was CNY 0.0373 compared to CNY 0.038 a year ago.
Sumavision Technologies Co.,Ltd. is a China-based company principally engaged in the research, development, production, distribution and provision of services of digital broadcasting and television software and hardware. The Companyâs main products and services include cloud and big data services, digital television systems and services, new media technology services and applications, intelligent gateway and terminals, financial and Internet financial technology services and applications, as well as television operation system (TVOS) and security products, among others. The Company distributes its products in domestic market and to overseas markets.