Hangzhou Prevail Optoelectronic Equipment Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 26, 2021 at 04:14 pm
Share
Hangzhou Prevail Optoelectronic Equipment Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 513.041 million compared to CNY 371.857 million a year ago. Operating income was CNY 62.691 million compared to CNY 17.030 million a year ago. Net income was CNY 60.409 million compared to CNY 12.235 million a year ago. Basic earnings per share from continuing operations was CNY 0.8804 compared to CNY 0.1783 a year ago.
Hangzhou Prevail Optoelectronic Equipment Co Ltd is a company mainly engaged in research, development, production and sales of radio and television network equipment. The Company's primary products are cable television optical fiber transmission equipment and cable television cable transmission equipment, such as optical transmitters, optical receivers, amplifiers, branch distributors and radio frequency equipment. The Company is also involved in production of front-end system and data communication system products, including satellite receivers, network adapters, encoders and Ethernet over Coax (EOC) equipment. The Company's products are mainly used in the transmission network, optimization and upgrading, as well as broadband access in radio and television industry. The Company sells its products to both domestic and international markets, including Vietnam, Indonesia, Singapore, Turkey and Russia.
HANGZHOU PREVAIL OPTOELECTRONIC EQUIPMENT CO., LTD. 
