Routon Electronic Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 06:05 am EDT
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Routon Electronic Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 212.23 million compared to CNY 127.76 million a year ago. Revenue was CNY 212.23 million compared to CNY 127.76 million a year ago. Net income was CNY 2.35 million compared to net loss of CNY 26.79 million a year ago. Basic earnings per share from continuing operations was CNY 0.0048 compared to basic loss per share from continuing operations of CNY 0.0544 a year ago. Diluted earnings per share from continuing operations was CNY 0.0048 compared to diluted loss per share from continuing operations of CNY 0.0544 a year ago.
Routon Electronic Co., Ltd. is a China-based company principally engaged in the manufacture and sales of intelligent control products, consumer terminal products and intelligent Internet products. The Company's consumer terminal products include control products, identity card reading machine products, electronic communications products and others. The company distributes its products mainly within domestic market.