Troy Information Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 26, 2024 at 01:12 pm
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Troy Information Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 95.19 million compared to CNY 355.63 million a year ago. Revenue was CNY 95.19 million compared to CNY 355.63 million a year ago.
Net loss was CNY 61.52 million compared to net income of CNY 16.96 million a year ago. Basic loss per share from continuing operations was CNY 0.1027 compared to basic earnings per share from continuing operations of CNY 0.0284 a year ago. Diluted loss per share from continuing operations was CNY 0.1027 compared to diluted earnings per share from continuing operations of CNY 0.0284 a year ago.
Troy Information Technology Co., Ltd., formerly Sichuan Troy Information Technology Co.,Ltd., is a China-based provider of overall information solutions and operations information services. The Company is principally engaged in integrated development, the provision of technical services, software development and implementation, as well as the sale of dynamic environmental monitoring products. The Company's main products include communications Internet, energy Internet and the Internet of Things. The Company mainly provides consulting and assessment, planning and design, development and commissioning, deployment and integration, operation support and optimization, as well as adjustment services. The Company's products are mainly used in carrier operators, the government, as well as transportation, finance, education, iron tower, electricity, water conservancy, energy saving and new energy industries. The Company operates its business mainly in domestic market.
TROY INFORMATION TECHNOLOGY CO., LTD. 
