TPV Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 05:25 am EDT
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TPV Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 50,836.03 million compared to CNY 47,510.64 million a year ago. Revenue was CNY 50,836.03 million compared to CNY 47,510.64 million a year ago. Net income was CNY 459.54 million compared to net loss of CNY 532.73 million a year ago. Basic earnings per share from continuing operations was CNY 0.1015 compared to basic loss per share from continuing operations of CNY 0.1176 a year ago. Diluted earnings per share from continuing operations was CNY 0.1015 compared to diluted loss per share from continuing operations of CNY 0.1176 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.