Sunsea AIoT Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 10:16 am
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Sunsea AIoT Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,103.66 million compared to CNY 2,916.95 million a year ago. Revenue was CNY 3,103.66 million compared to CNY 2,916.95 million a year ago. Net income was CNY 14.01 million compared to net loss of CNY 85.49 million a year ago. Basic earnings per share from continuing operations was CNY 0.0374 compared to basic loss per share from continuing operations of CNY 0.26 a year ago. Diluted earnings per share from continuing operations was CNY 0.0374 compared to diluted loss per share from continuing operations of CNY 0.26 a year ago.
Sunsea AIoT Technology Co., Ltd., formerly SUNSEA Telecommunications Co., Ltd. is a China-based company principally engaged in smart Internet of things business, the sales of communications network infrastructure products, as well as the provision of communications engineering services. The Company mainly provides cable broadband and fiber broadband network construction solutions and products, mobile broadband and wireless site construction solutions and products, communication network survey, design, construction and generation services, as well as the Internet of Things products and services. The Company mainly conducts its businesses in domestic market.