Sumavision Technologies Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 21, 2020 at 07:03 am EDT
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Sumavision Technologies Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 652.059 million compared to CNY 700.709 million a year ago. Operating income was CNY 40.336 million compared to CNY 64.711 million a year ago. Net income was CNY 36.299 million compared to CNY 59.642 million a year ago. Basic earnings per share from continuing operations was CNY 0.0257 compared to CNY 0.0427 a year ago. Diluted earnings per share from continuing operations was CNY 0.0257 compared to CNY 0.0425 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.