Wanma Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 02:06 pm EDT
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Wanma Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 44.636 million compared to CNY 108.877 million a year ago. Operating loss was CNY 11.552 million compared to CNY 1.456 million a year ago. Net loss was CNY 10.561 million compared to CNY 1.195 million a year ago. Basic loss per share from continuing operations was CNY 0.08 compared to CNY 0.01 a year ago.
Wanma Technology Co Ltd is a company mainly engaged in research, development, production and sales of communication equipment. The Company's communication products include communication network wiring, optical distribution network (ODN) products, optical devices and information cabinets, which are used in cloud platform construction, communication networks and rail transportation. The Company is also involved in production and sales of medical information products, including mobile medical care workstations, mobile doctor workstations, front bed mobile settlement workstations and so on.
WANMA TECHNOLOGY CO., LTD. 
