Hangzhou Freely Communication Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 01:57 pm
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Hangzhou Freely Communication Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 240.841 million compared to CNY 387.838 million a year ago. Operating loss was CNY 35.791 million compared to operating Income of CNY 18.275 million a year ago. Net loss was CNY 22.772 million compared to net income of CNY 17.392 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to basic earnings per share from continuing operations of CNY 0.09 a year ago.
Hangzhou Freely Communication Co Ltd is a company mainly engaged in construction of communication networks. The Company operates three businesses. The communication network technology service business provides the clients with communication network construction and maintenance services, including communication equipment installation engineering services, indoor distribution system services, daily maintenance of communication networks and fault repair services. The research, development and sales of communication products and supporting products business is engaged in production of mobile communication base station equipment and new energy batteries. The communication product operation business mainly provides integrated mobile office solutions for telecom operators, enterprises and institutions.
HANGZHOU FREELY COMMUNICATION CO., LTD. 