During the reporting period, the company achieved a total operating revenue of $193 million in 2020, an increase of 51.27% compared with the same period last year.
During the reporting period, the company achieved a total operating revenue of RMB 883.67 million in 2019, an increase of 14.01% compared with the same period last year. Total net profit for the full year of 2019 increased by 35.66% to 29.89 million from RMB 22.03 million in the prior year, primarily attributable to the growth in sales volume of the IoT devices driven by an increase in the number of customers.
The consolidated revenue of 2018 reached RMB 775.1 million, a decrease of 10.56% from 886.6 million in 2017. We generated an operating profit of RMB 22.4 million, an increase of 82.42% year-over-year. The total profit was RMB 28.3 million, up 10.11% year-over-year. The net profit attributable to shareholders was RMB 23.4 million, up 31.54% year-over-year. The basic earnings per share were RMB 0.12, an increase of 33.33% year-over-year.
In 2017, the operating income was RMB 866.6 million, up 12.45% year-over-year. The operating profit reached RMB 12.2 million, a decrease of 85.37% year-over-year. The total profit was RMB 25.7 million, down 72.45% year-over-year. The total R&D investment was RMB 61 million, accounting for 7.63% of the total revenue. The basic earnings per share were RMB 0.09 yuan, decreasing by 82.94% year-over-year.