Feitian Technologies Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 07:28 am EDT
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Feitian Technologies Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 898.489 million compared to CNY 939.620 million a year ago. Operating income was CNY 62.327 million compared to CNY 82.313 million a year ago. Net income was CNY 62.699 million compared to CNY 90.234 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.22 a year ago.
Feitian Technologies Co., Ltd. is a China-based company principally engaged in the research, development and sales of information security products. The Company's main products include ePass universal serial bus (USB) keys, one time password (OTP) dynamic tokens, ROCKEY software protection encryption locks and integrated circuit (IC) cards, among others. Its products are mainly applied in finance, government, postal, telecommunications, transportation, Internet and other fields. The Company operates businesses in both domestic and overseas markets, with domestic market as its main market.