Raisecom Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 03:48 am
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RAISECOM TECHNOLOGY CO.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,183.943 million compared to CNY 1,925.090 million a year ago. Operating income was CNY 67.200 million compared to CNY 112.333 million a year ago. Net income was CNY 57.287 million compared to CNY 99.369 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.24 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. 
