YingTong Telecommunication Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 24, 2021 at 04:02 am
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YingTong Telecommunication Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 846.94 million compared to CNY 893.49 million a year ago. Revenue was CNY 846.94 million compared to CNY 893.49 million a year ago. Net loss was CNY 8.07 million compared to net income of CNY 33.7 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to basic earnings per share from continuing operations of CNY 0.22 a year ago. Diluted loss per share from continuing operations was CNY 0.05 compared to diluted earnings per share from continuing operations of CNY 0.21 a year ago.
YingTong Telecommunication Co., Ltd, formerly Hubei Yingtong Telecommunication Cable Co., Ltd., is a China-based company principally involved in the research, development, manufacture and sales of acoustic products, USB data cables and other products. The Company operates through two main segments. The Main Business segment is primarily involved in the manufacture and sales of acoustic products including semi-finished earphones and earphone cables, USB data cables, as well as other products. The Other Business segment is primarily engaged in waste disposal, sales of raw materials, samples and moulds, among others.