Hangzhou Freely Communication Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 07:00 am EDT
Share
Hangzhou Freely Communication Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 574.571 million compared to CNY 364.839 million a year ago. Operating income was CNY 19.587 million compared to CNY 26.007 million a year ago. Net income was CNY 20.524 million compared to CNY 24.546 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.16 a year ago.
Hangzhou Freely Communication Co Ltd is a company mainly engaged in construction of communication networks. The Company operates three businesses. The communication network technology service business provides the clients with communication network construction and maintenance services, including communication equipment installation engineering services, indoor distribution system services, daily maintenance of communication networks and fault repair services. The research, development and sales of communication products and supporting products business is engaged in production of mobile communication base station equipment and new energy batteries. The communication product operation business mainly provides integrated mobile office solutions for telecom operators, enterprises and institutions.
HANGZHOU FREELY COMMUNICATION CO., LTD. 
