Suzhou Tztek Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
February 22, 2021 at 04:05 am EST
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Suzhou TZTEK Technology Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 964.110 million compared to CNY 541.069 million a year ago. Operating income was CNY 109.393 million compared to CNY 85.782 million a year ago. Net income was CNY 107.381 million compared to CNY 83.178 million a year ago. Basic earnings per share from continuing operations was CNY 0.557 compared to CNY 0.503 a year ago.
Suzhou TZTEK Technology Co Ltd is a China-based industrial automation equipment developer. The Company focuses on the measurement, vision and automation sectors of smart industry, providing products and solutions to customers. The Company's main products are industrial vision equipment, including precision measuring instruments, intelligent testing equipment, intelligent manufacturing systems and unmanned logistics vehicles. Its products are mainly used in consumer electronics industry, automobile manufacturing industry, photovoltaic semiconductor industry, warehousing and logistics industry and other fields. The Company mainly distributes its products to the domestic market and overseas markets.