Shenzhen Absen Optoelectronic Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022 at 02:18 pm IST
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Shenzhen Absen Optoelectronic Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 492.67 million compared to CNY 366.52 million a year ago. Revenue was CNY 492.67 million compared to CNY 366.52 million a year ago. Net income was CNY 19.46 million compared to net loss of CNY 25.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.062 compared to basic loss per share from continuing operations of CNY 0.0804 a year ago. Diluted earnings per share from continuing operations was CNY 0.0612 compared to diluted loss per share from continuing operations of CNY 0.0804 a year ago.
Shenzhen Absen Optoelectronic Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of light-emitting diode (LED) full color display screens. The Company's main products include outdoor big screens, court screens, rental screens, stage creative screens and small pitch screens. The Company's products are mainly used in advertising media, real estate, transportation, stage performance, radio and television, stadium, security monitoring, command dispatch and other fields. The Company distributes its products in domestic market and to overseas markets, such as Europe, North America, the rest of Asia and South America.
SHENZHEN ABSEN OPTOELECTRONIC CO.,LTD. 
