On October 26, Datang Telecom released its 2018 third quarter performance report. The report shows that Datang Telecom achieved operating income of approximately RMB 1.571 billion from January to September 2018, a year-on-year decrease of 59.41% compared with RMB 3.87 billion last year; net profit attributable to shareholders of listed companies after deducting non-recurring gains and losses A loss of 776 million yuan; 252.3 million yuan attributable to listed companies; basic earnings per share of 0.2860 yuan per share; total assets of 7.944 billion yuan.
It is understood that compared with the same period of the previous year, the operating income and operating costs of this reporting period have changed significantly. The main reasons: on the one hand, due to the transfer of Shanghai Yousi and Shenzhen Yousi, the scope of consolidation has decreased; on the other hand, the company in the reporting period Cut low-margin business.
From January to September, Datang Telecom’s research and development expenses amounted to RMB 84.19 million, and the amount of research and development expenses also decreased compared with the same period of the previous year. The main reason was that Datang Telecom appropriately reduced the investment in key research and development projects. The scale of R&D investment.
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