Sumavision Technologies Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 20, 2020 at 11:26 am EDT
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Sumavision Technologies Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,016.372 million compared to CNY 1,566.240 million a year ago. Operating income was CNY 70.768 million compared to CNY 81.762 million a year ago. Net income was CNY 69.871 million compared to CNY 84.324 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.0608 a year ago. Diluted earnings per share from continuing operations was CNY 0.0497 compared to CNY 0.0598 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.