RAISECOM TECHNOLOGY CO.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:16 am
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RAISECOM TECHNOLOGY CO.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,325.24 million compared to CNY 1,183.94 million a year ago. Revenue was CNY 1,325.24 million compared to CNY 1,183.94 million a year ago. Net loss was CNY 723.07 million compared to net income of CNY 57.29 million a year ago. Basic loss per share from continuing operations was CNY 1.72 compared to basic earnings per share from continuing operations of CNY 0.14 a year ago. Diluted loss per share from continuing operations was CNY 1.72 compared to diluted earnings per share from continuing operations of CNY 0.14 a year ago.
Raisecom Technology Co Ltd is a China-based company principally engaged in the research and development, manufacturing and sales of communication network access products. The Company's main products include integrated access terminal products, centralized local port terminal products, industrial networking products, private wireless networking products, software products and auxiliary access products. Its products are mainly used in communications operation, smart grid, intelligent transportation and other fields. The Company mainly distributes its products in domestic and overseas markets.