Shenzhen Coship Electronics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 02:10 pm
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Shenzhen Coship Electronics Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 237.658 million compared to CNY 672.239 million a year ago. Operating loss was CNY 64.912 million compared to CNY 32.757 million a year ago. Net loss was CNY 64.658 million compared to CNY 28.914 million a year ago. Basic loss per share from continuing operations was CNY 0.0867 compared to CNY 0.0388 a year ago.
Shenzhen Coship Electronics Co Ltd is a China-based company mainly engaged in the manufacture and sale of communications industry and related equipment. The Company conducts two businesses. The communications and related equipment manufacturing business is engaged in the research and development, manufacturing, service and sales of radio and television full-service integrated cloud platform, digital television (TV) middleware, smart TV operating system next-generation broadcast network (TVOS), smart digital terminals, smart gateways, digital TV front-end equipment and others, as well as the development, integration and operation of value-added services related to smart homes, mainly for radio and television operators, telecommunications operators and global overseas operator markets. The new energy lithium-ion battery business is engaged in the technical research and development, production and sales of lithium-ion batteries. The Company mainly conducts business in the domestic market.