Troy Information Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 08:09 am
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Troy Information Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,098.626 million compared to CNY 935.590 million a year ago. Operating income was CNY 41.247 million compared to CNY 89.106 million a year ago. Net income was CNY 33.116 million compared to CNY 91.987 million a year ago. Basic earnings per share from continuing operations was CNY 0.0639 compared to CNY 0.1768 a year ago.
Troy Information Technology Co., Ltd., formerly Sichuan Troy Information Technology Co.,Ltd., is a China-based provider of overall information solutions and operations information services. The Company is principally engaged in integrated development, the provision of technical services, software development and implementation, as well as the sale of dynamic environmental monitoring products. The Company's main products include communications Internet, energy Internet and the Internet of Things. The Company mainly provides consulting and assessment, planning and design, development and commissioning, deployment and integration, operation support and optimization, as well as adjustment services. The Company's products are mainly used in carrier operators, the government, as well as transportation, finance, education, iron tower, electricity, water conservancy, energy saving and new energy industries. The Company operates its business mainly in domestic market.