Feitian Technologies Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 12:47 pm
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Feitian Technologies Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 534.11 million compared to CNY 579.45 million a year ago. Revenue was CNY 534.11 million compared to CNY 579.45 million a year ago. Net loss was CNY 38.23 million compared to net income of CNY 33.79 million a year ago. Basic loss per share from continuing operations was CNY 0.09 compared to basic earnings per share from continuing operations of CNY 0.08 a year ago. Diluted loss per share from continuing operations was CNY 0.09 compared to diluted earnings per share from continuing operations of CNY 0.08 a year ago.
Feitian Technologies Co., Ltd. is a China-based company principally engaged in the research, development and sales of information security products. The Company's main products include ePass universal serial bus (USB) keys, one time password (OTP) dynamic tokens, ROCKEY software protection encryption locks and integrated circuit (IC) cards, among others. Its products are mainly applied in finance, government, postal, telecommunications, transportation, Internet and other fields. The Company operates businesses in both domestic and overseas markets, with domestic market as its main market.