Raisecom Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 04:55 am EDT
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RAISECOM TECHNOLOGY CO.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,952.143 million compared to CNY 2,660.080 million a year ago. Operating income was CNY 142.648 million compared to CNY 196.891 million a year ago. Net income was CNY 138.148 million compared to CNY 177.302 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.42 a year ago.
Raisecom Technology Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of communication network access products. The Company's main products include integrated access terminal products, centralized local port terminal products, industrial networking products, private wireless networking products, software products and auxiliary access products. Its products are mainly used in communications operation, smart grid, intelligent transportation and other fields. The Company mainly distributes its products in domestic and overseas markets.
RAISECOM TECHNOLOGY CO.,LTD. 
