Suzhou Tztek Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:56 pm EDT
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Suzhou TZTEK Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 116.995 million compared to CNY 93.147 million a year ago. Operating loss was CNY 29.751 million compared to CNY 4.449 million a year ago. Net loss was CNY 20.434 million compared to CNY 1.846 million a year ago. Basic loss per share from continuing operations was CNY 0.107 compared to CNY 0.0095 a year ago.
Suzhou TZTEK Technology Co Ltd is a China-based industrial automation equipment developer. The Company focuses on the measurement, vision and automation sectors of smart industry, providing products and solutions to customers. The Company's main products are industrial vision equipment, including precision measuring instruments, intelligent testing equipment, intelligent manufacturing systems and unmanned logistics vehicles. Its products are mainly used in consumer electronics industry, automobile manufacturing industry, photovoltaic semiconductor industry, warehousing and logistics industry and other fields. The Company mainly distributes its products to the domestic market and overseas markets.