Eastone Century Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 03:49 am EDT
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Eastone Century Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 439.077 million compared to CNY 600.002 million a year ago. Operating income was CNY 4.043 million compared to CNY 23.183 million a year ago. Net income was CNY 4.414 million compared to CNY 17.368 million a year ago. Basic earnings per share from continuing operations was CNY 0.005 compared to CNY 0.02 a year ago.
Eastone Century Technology Co.,Ltd., formerly Guangdong Eastone Century Technology Co., Ltd., is a China-based company principally engaged in the provision of communication network technology services. Its communication network technology services include network engineering services, network maintenance services and network optimization services. The Company also provides system solutions and communication network devices. Its system solutions include network support systems within operators and business systems for government and enterprise customers. Its communication network devices include base station antennas, testing instruments and software, among others. Besides, the Company is also engaged in medical device sales, health measurement analysis and leasing businesses. The Company mainly operates its businesses in domestic market.