Sumavision Technologies Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 18, 2019 at 05:48 am EDT
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Sumavision Technologies Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 700.709 million compared to CNY 996.401 million a year ago. Operating income was CNY 64.711 million compared to CNY 77.777 million a year ago. Net income was CNY 59.642 million compared to CNY 84.129 million a year ago. Basic earnings per share from continuing operations was CNY 0.0427 compared to CNY 0.0607 a year ago. Diluted earnings per share from continuing operations was CNY 0.0425 compared to CNY 0.06 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.