Rio's 2016 net profit of 2.2 million yuan increased by 70% year-on-year

Securities Times Network News, Ruiao IOT (831927) released its annual report on April 12, 2016 company operating income of 24.82 million yuan, up 97%; net profit of 2.2 million yuan, up 71%; basic earnings per share 0.22 yuan.

The company said that from the perspective of 2016 financial data, the company's operating conditions have steadily increased and achieved certain results, and the development momentum is rapid. While the company's performance has grown substantially, its financial position has improved significantly over the same period last year. With the development of the intelligent Internet of Things, the company's profitability will be further enhanced in the next few years.

According to the company, in 2016, the integrated cabinet locks for integrated communication industry applications, integrated panel locks and spiritual locks were developed; the electronic key for Bluetooth function was developed, the application platform software was upgraded, and the APP for mobile phones was developed. In addition, aerospace applications and several special-purpose locks have been developed based on customer needs. Newly developed Bluetooth key, mobile phone key, MDU and key management box. Five products were reported to Ningbo New Products and passed the appraisal. At the same time, cooperate with the sales department to participate in the platform debugging work of the tower project.

(Securities Times News Center)

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