Feitian Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 06:43 am
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Feitian Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 130.599 million compared to CNY 117.394 million a year ago. Operating loss was CNY 15.046 million compared to CNY 731,108.55 a year ago. Net loss was CNY 11.082 million compared to net income of CNY 334,006.64 a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to basic earnings per share from continuing operations of CNY 0.0008 a year ago.
Feitian Technologies Co., Ltd. is a China-based company principally engaged in the research, development and sales of information security products. The Company's main products include ePass universal serial bus (USB) keys, one time password (OTP) dynamic tokens, ROCKEY software protection encryption locks and integrated circuit (IC) cards, among others. Its products are mainly applied in finance, government, postal, telecommunications, transportation, Internet and other fields. The Company operates businesses in both domestic and overseas markets, with domestic market as its main market.