Shenzhen Sinovatio Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 08:13 am EDT
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Shenzhen Sinovatio Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 343.114 million compared to CNY 339.739 million a year ago. Operating loss was CNY 50.230 million compared to operating Income of CNY 74.601 million a year ago. Net loss was CNY 44.330 million compared to net income of CNY 68.051 million a year ago. Basic loss per share from continuing operations was CNY 0.27 compared to basic earnings per share from continuing operations of CNY 0.39 a year ago.
Shenzhen Sinovatio Technology Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of network visualization infrastructure products. The Company is also engaged in the research and development, manufacture and sales of Internet content security products and big data operation products. It provides the related product installation, commissioning and training services. The Company's main products include Internet broadband data convergence and distribution management products, mobile access network data acquisition and analysis products and network content security products, among others. The Company mainly distributes its products within domestic market.