Hitevision Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 07, 2021 at 01:46 pm
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Hitevision Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,993.644 million compared to CNY 4,830.469 million a year ago. Operating income was CNY 124.381 million compared to CNY 372.937 million a year ago. Net income was CNY 81.663 million compared to CNY 314.123 million a year ago. Basic earnings per share from continuing operations was CNY 0.35 compared to CNY 1.5 a year ago.
Hitevision Co., Ltd. is a China-based company mainly engaged in the design, development, production and sales of intelligent interactive display products and providing intelligent audiovisual solutions. The Company's intelligent interactive display products mainly include intelligent interactive tablets, projectors, electronic interactive whiteboards, video booths, recording and broadcasting products, electronic class cards, electronic school bags and accessories. The intelligent audiovisual solution business mainly includes the provision of video system integration solution design, project coordination management, software development, equipment installation and commissioning, user training and equipment maintenance businesses. The Company's products are mainly used in primary and secondary schools and universities, early childhood education, training institutions, enterprises and institutions and government agencies.