Troy Information Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 08:38 am EDT
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Troy 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 521.736 million compared to CNY 646.317 million a year ago. Operating loss was CNY 1.226 million compared to operating Income of CNY 50.355 million a year ago. Net income was CNY 1.960 million compared to CNY 50.452 million a year ago. Basic earnings per share from continuing operations was CNY 0.0038 compared to CNY 0.0968 a year ago.
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.