During the reporting time frame, the company generated total operating revenue of $193 million in 2020, a 51.27% increase over the same period previous year.
In 2019, the company made a total of 883.67 million RMB from its operations, which was 14.01% more than the previous year. The total profit for the whole year of 2019 went up by 35.66%, reaching 29.89 million RMB from 22.03 million RMB the year before. This increase happened mainly because more customers bought the company’s IoT devices, leading to more sales.
In 2018, the combined money earned was 775.1 million RMB. This was 10.56% less than the 886.6 million earned in 2017. We made a profit of 22.4 million RMB from our operations, which was 82.42% more than the previous year. In total, we earned 28.3 million RMB, which was a 10.11% increase from last year. The profit that belongs to the company’s owners was 23.4 million RMB, which increased by 31.54% compared to the previous year. For each share we have, we earned 0.12 RMB, a 33.33% increase from last year.
In 2017, operational income was RMB 866.6 million, an increase of 12.45% year on year. The operating profit was RMB 12.2 million, down 85.37% year on year. The entire profit was RMB 25.7 million, a 72.45% decrease year on year. RMB 61 million was invested in R&D, accounting for 7.63% of total sales. The basic earnings per share were RMB 0.09 yuan, representing an 82.94% decrease year on year.
In 2016, the Transtek company earned RMB 770.8 million in total operating income, a 22.55% increase over the previous year. The net profit attributable to shareholders increased by 60.37% year on year to RMB 80 million.
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