AVCON Information Technology Co., Ltd. Announces Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 08:27 am
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AVCON Information Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 67.685 million compared to CNY 47.749 million a year ago. Operating loss was CNY 8.802 million compared to CNY 31.563 million a year ago. Net loss was CNY 7.930 million compared to CNY 25.950 million a year ago. Basic loss per share from continuing operations was CNY 0.0149 compared to CNY 0.0488 a year ago.
AVCON Information Technology Co.,Ltd. is a China-based company principally engaged in the research, development, design, distribution and technical service provision of audio and video communication products and image intelligent integration applications. The Company primarily provides intelligent multimedia communication solutions, including video conference system, emergency command system, intelligent city, online education, intelligent healthcare, video bank and video monitoring control system, among others. The Company is also involved in the development of related technology and the provision of after-sale services. The Company operates its business in domestic market.