Raisecom Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 04:55 am
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RAISECOM TECHNOLOGY CO.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 345.440 million compared to CNY 170.625 million a year ago. Operating loss was CNY 6.686 million compared to CNY 47.869 million a year ago. Net loss was CNY 6.591 million compared to CNY 47.568 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.11 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.
RAISECOM TECHNOLOGY CO.,LTD. 
