Raisecom Technology Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 04:32 am EDT
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RAISECOM TECHNOLOGY CO.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 692.429 million compared to CNY 1,259.640 million a year ago. Operating income was CNY 22.260 million compared to CNY 63.521 million a year ago. Net income was CNY 11.426 million compared to CNY 51.335 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to CNY 0.12 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. 
