Visual China Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 09:33 am EDT
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Visual China Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 138.686 million compared to CNY 110.557 million a year ago. Operating income was CNY 47.825 million compared to CNY 35.715 million a year ago. Net income was CNY 41.500 million compared to CNY 29.193 million a year ago. Basic earnings per share from continuing operations was CNY 0.0592 compared to CNY 0.0417 a year ago.
VISUAL CHINA GROUP CO.,LTD., formerly Far East Industrial Stock Co., Ltd., is a China-based company principally engaged in the system integration business. Through its subsidiaries, the Company involves in the technical development of cultural and entertainment products and online animation games, Internet broadcasting, intelligent control human-computer interaction software technical development, development and system integration of mechatronics, dynamic simulation, mechanism and multimedia products, animation design, and provision of related technical consulting services.