Tatwah Smartech Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 04:02 am
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Tatwah Smartech Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,472.406 million compared to CNY 1,258.979 million a year ago. Operating loss was CNY 175.279 million compared to operating Income of CNY 16.436 million a year ago. Net loss was CNY 168.218 million compared to net income of CNY 19.663 million a year ago. Basic loss per share from continuing operations was CNY 0.1467 compared to basic earnings per share from continuing operations of CNY 0.0173 a year ago.
Tatwah Smartech Co Ltd is a China-based company mainly engaged in the provision of terminal and system application product solutions. The Company is committed to building a communication network that integrates satellite Internet, big data centers, emergency communications and marine economic operations. The Company mainly conducts its businesses through three segments. The Television (TV) Motherboard and Smart Display segment is mainly engaged in the research and development, manufacturing and sales of smart screens, digital screens, smart TVs and smart display motherboards. The Project Development and System Integration Business segment mainly provides global high-throughput satellite communication services, satellite Internet operation services, communication terminal products and industrial digital applications. The Other Business segment is mainly engaged in other businesses related to communication networks and digital screens.