Shenzhen Absen Optoelectronic Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 31, 2022 at 01:03 pm IST
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Shenzhen Absen Optoelectronic Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 1,097.44 million compared to CNY 841.04 million a year ago. Revenue was CNY 1,100.41 million compared to CNY 843.72 million a year ago. Net income was CNY 81.42 million compared to net loss of CNY 38.16 million a year ago. Basic earnings per share from continuing operations was CNY 0.2476 compared to basic loss per share from continuing operations of CNY 0.1217 a year ago. Diluted earnings per share from continuing operations was CNY 0.247 compared to diluted loss per share from continuing operations of CNY 0.1217 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. 
