AVCON Information Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 05:46 am
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AVCON Information Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 251.49 million compared to CNY 287.35 million a year ago. Revenue was CNY 251.49 million compared to CNY 287.35 million a year ago. Net loss was CNY 17.16 million compared to net income of CNY 0.186303 million a year ago. Basic loss per share from continuing operations was CNY 0.0325 compared to basic earnings per share from continuing operations of CNY 0.0004 a year ago. Diluted loss per share from continuing operations was CNY 0.0325 compared to diluted earnings per share from continuing operations of CNY 0.0004 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.