Streamax Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021
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Streamax Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 260.641 million compared to CNY 231.779 million a year ago. Operating loss was CNY 20.815 million compared to operating Income of CNY 20.281 million a year ago. Net loss was CNY 19.539 million compared to net income of CNY 15.455 million a year ago. Basic loss per share from continuing operations was CNY 0.11 compared to basic earnings per share from continuing operations of CNY 0.09 a year ago.
Streamax Technology Co., Ltd. is a China-based company mainly engaged in the research and development, production and sales of video-based commercial vehicle monitoring information products. The Company's main products include in-vehicle video surveillance equipment, in-vehicle cameras, driving active safety kits, driver-smart interactive terminals and other intelligent in-vehicle equipment and management platform software, as well as industrial information solutions for commercial vehicles in operational scenarios. The Company operates its businesses within the domestic market and to overseas markets.