Fuchun Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 09:05 am EDT
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Fuchun Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 485.867 million compared to CNY 467.666 million a year ago. Operating income was CNY 44.522 million compared to operating loss of CNY 526.641 million a year ago. Net income was CNY 36.711 million compared to net loss of CNY 560.942 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to basic loss per share from continuing operations of CNY 0.78 a year ago.
Fuchun Technology Co., Ltd., formerly Fuchun Communications Co., Ltd., is a China-based company principally engaged in research and development, publication and operation of games. The Company mainly operates intellectual property (IP) mobile games and others. The Company is also engaged in communications business, including planning consulting, feasibility research and survey design in the early stage of communication network construction. In addition, the Company is also engaged in the sales of integrated equipment. The Company operates its businesses in domestic market and overseas markets.