Feitian Technologies Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
July 27, 2020 at 06:43 am
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Feitian Technologies Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 352.177 million compared to CNY 386.835 million a year ago. Operating income was CNY 23.256 million compared to CNY 4.904 million a year ago. Net income was CNY 25.579 million compared to CNY 11.274 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.03 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.