Shenzhen Friendcom Technology Development Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 07:48 am
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Shenzhen Friendcom Technology Development Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 659.720 million compared to CNY 780.403 million a year ago. Operating income was CNY 37.668 million compared to CNY 59.846 million a year ago. Net income was CNY 33.637 million compared to CNY 53.225 million a year ago. Basic earnings per share from continuing operations was CNY 0.17 compared to CNY 0.27 a year ago.
Shenzhen Friendcom Technology Development Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of wireless products, as well as the provision of maintenance and operation services. The Company operates its businesses through two main segments. The Wireless Networks segment is mainly engaged in the research, development, manufacture and sales of wireless sensor network modules. The Electric Power Terminals segment is mainly engaged in the assembling electric power terminal products, which are comprised of concentrators, collectors and data acquire terminals of special transformers, from wireless network products. The Companyâs electric information acquire systems are mainly applied in the construction of national smart grids.
SHENZHEN FRIENDCOM TECHNOLOGY DEVELOPMENT CO., LTD. 
