Allwin Telecommunication Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 15, 2021 at 03:44 am
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Allwin Telecommunication Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 129.114 million compared to CNY 22.227 million a year ago. Operating income was CNY 11.706 million compared to CNY 442,060.39 a year ago. Net income was CNY 11.395 million compared to net loss of CNY 1.042 million a year ago. Basic earnings per share from continuing operations was CNY 0.0319 compared to basic loss per share from continuing operations of CNY 0.0029 a year ago.
ALLWIN TELECOMMUNICATION CO., LTD is a China-based company principally engaged in the development, production and sale of mobile communication network optimization coverage equipment and system integration solutions, as well as the provision of related services. The Companyâs main products include various kinds of direct repeater stations, digital optical fiber distribution systems, various kinds of power dividers, as well as various kinds of ventricular antennas and beautified antennas. The Company's products are mainly used in mobile communication customer gathering areas, such as large buildings, stadiums and clubs. The Company distributes its products in domestic market.