Optowide Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 06:07 pm IST
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Optowide Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 77.88 million compared to CNY 56.51 million a year ago. Net income was CNY 10.36 million compared to CNY 7.6 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.08 a year ago. Diluted earnings per share from continuing operations was CNY 0.08 compared to CNY 0.08 a year ago.
Optowide Technologies Co Ltd is a China-based company mainly engaged in the research and development, production and sales of various types of precision optical components and optical fiber devices. The Company's products mainly include precision optical components, including planar optical components, spherical optical components, molded glass aspheric lenses; and optical fiber devices, including coated optical fiber devices, collimators, acousto-optic devices and other optical fiber devices. The Company's products are mainly used in fields such as optical fiber communications, optical fiber lasers, and quantum information scientific research, biomedical equipment and equipment, virtual reality or augmented reality and other emerging consumer electronics products.