Nanjing Huadong Electronics Information & Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 05:56 am EDT
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Nanjing Huadong Electronics Information & Technology Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,811.014 million compared to CNY 2,349.868 million a year ago. Operating loss was CNY 1,210.295 million compared to CNY 1,629.966 million a year ago. Net loss was CNY 777.845 million compared to CNY 956.970 million a year ago. Basic loss per share from continuing operations was CNY 0.1717 compared to CNY 0.2113 a year ago.
TPV Technology Co Ltd, formerly Nanjing Huadong Electronics Information & Technology Co Ltd, is a China-based company principally engaged in the research and development, manufacturing, sales and service of display products. The Company operates its businesses through three segments. The Display segment is engaged in the production of computer monitors, wide screens, curved surfaces, e-sports and commercial displays. The Television (TV) Segment develops smart TV technology based on market conditions and user needs, and provides smart TV products that meet the consumer's audiovisual experience. The Other Business segment is mainly engaged in the sales of audio-visual products, spare parts, phones, tablets and all-in-one computers. The Company distributes its products both in the domestic market and to overseas markets.