Tatwah Smartech Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 09:59 am
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Tatwah Smartech Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,036.45 million compared to CNY 1,867.22 million a year ago. Revenue was CNY 2,036.45 million compared to CNY 1,867.22 million a year ago. Net loss was CNY 251.37 million compared to net income of CNY 5.7 million a year ago. Basic loss per share from continuing operations was CNY 0.2192 compared to basic earnings per share from continuing operations of CNY 0.005 a year ago. Diluted loss per share from continuing operations was CNY 0.2192 compared to diluted earnings per share from continuing operations of CNY 0.005 a year ago.
Tatwah Smartech Co Ltd is a China-based company mainly engaged in the provision of terminal and system application product solutions. The Company is committed to building a communication network that integrates satellite Internet, big data centers, emergency communications and marine economic operations. The Company mainly conducts its businesses through three segments. The Television (TV) Motherboard and Smart Display segment is mainly engaged in the research and development, manufacturing and sales of smart screens, digital screens, smart TVs and smart display motherboards. The Project Development and System Integration Business segment mainly provides global high-throughput satellite communication services, satellite Internet operation services, communication terminal products and industrial digital applications. The Other Business segment is mainly engaged in other businesses related to communication networks and digital screens.