Synthesis Electronic Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 09:49 am EDT
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Synthesis Electronic Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 181.901 million compared to CNY 155.907 million a year ago. Operating loss was CNY 14.298 million compared to CNY 1.195 million a year ago. Net loss was CNY 12.132 million compared to net income of CNY 1.507 million a year ago. Basic loss per share from continuing operations was CNY 0.0716 compared to basic earnings per share from continuing operations of CNY 0.0089 a year ago.
Synthesis Electronic Technology Co., Ltd., formerly Shandong Synthesis Electronic Technology Co., Ltd, is a China-based company engaged in development, manufacture and sales of smart identification terminals and industry application software. The Companyâs products include terminal products and system products. The terminal products include cards authentication terminals and industry solutions, compound authentication terminals for cards and biological features and industry solutions, multi-function terminals for identification and electric payment and industry solutions. The cards include identity cards, social insurance cards, bank cards, health certificates, residence permits, citizen metro cards. The biological features include finger print, facial form, iris, digital veins and others. The Companyâs system products comprise terminal equipment and industry application software in four industries of finance, public safety, communication and social insurance (life insurance).