Troy Information Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 19, 2021 at 08:34 am EDT
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Troy Information Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 2,006.470 million compared to CNY 1,971.371 million a year ago. Operating loss was CNY 817.764 million compared to operating Income of CNY 125.007 million a year ago. Net loss was CNY 779.704 million compared to net income of CNY 118.397 million a year ago. Basic loss per share from continuing operations was CNY 1.5033 compared to basic earnings per share from continuing operations of CNY 0.2277 a year ago.
Troy Information Technology Co., Ltd., formerly Sichuan Troy Information Technology Co.,Ltd., is a China-based provider of overall information solutions and operations information services. The Company is principally engaged in integrated development, the provision of technical services, software development and implementation, as well as the sale of dynamic environmental monitoring products. The Company's main products include communications Internet, energy Internet and the Internet of Things. The Company mainly provides consulting and assessment, planning and design, development and commissioning, deployment and integration, operation support and optimization, as well as adjustment services. The Company's products are mainly used in carrier operators, the government, as well as transportation, finance, education, iron tower, electricity, water conservancy, energy saving and new energy industries. The Company operates its business mainly in domestic market.
TROY INFORMATION TECHNOLOGY CO., LTD. 
