Wuhan Tianyu Information Industry Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 20, 2020 at 04:51 am EDT
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Wuhan Tianyu Information Industry Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 908.447 million compared to CNY 1,050.198 million a year ago. Operating loss was CNY 38.702 million compared to operating Income of CNY 109.685 million a year ago. Net loss was CNY 32.623 million compared to net income of CNY 93.466 million a year ago. Basic loss per share from continuing operations was CNY 0.0759 compared to basic earnings per share from continuing operations of CNY 0.2173 a year ago.
Wuhan Tianyu Information Industry Co Ltd is a China-based company principally involved in the development, manufacture, distribution and services of smart card products and related application systems. The Company primarily provides smart cards including communication smart cards, financial integrated circuit (IC) cards, intelligent traffic card, among others; terminal, including tax control disk and intelligent point of sale (POS), among others. Its products are applied in communications, finance and electronic payment, mobile multimedia broadcasting television, taxation, intelligent transportation, medical electronics and mobile Internet, among others. The Company also involves in the provision of technical services and development, as well as system integration business.