Shenzhen Liantronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 29, 2022 at 07:01 pm IST
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Shenzhen Liantronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 198.9 million compared to CNY 201.55 million a year ago. Revenue was CNY 198.9 million compared to CNY 201.55 million a year ago. Net loss was CNY 11.87 million compared to CNY 30.73 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.02 compared to CNY 0.06 a year ago.
Shenzhen Liantronics Co., Ltd is a supplier of system solutions of lighting emitting diode (LED) full-color display application products. The Company operates in three segments, including LED Application Products, Advertising Media and Public Relation Services. The Company's system solutions mainly include program design, product manufacturing, engineering service, technical support and product leasing, among others. The featured products of the Company include commercial LED advertising machine and LED intelligent cloud television (TV), among others. The Companyâs products can be divided into full-color LED, monochromatic LED and bi-color LED. The Company's LED full-color display products are primarily applied in indoor and outdoor advertising media, stage entertainment, government and enterprise marketing, as well as stadium and gymnasium and other fields. The Company also involved in operation of media business. The Company operates in domestic and overseas markets.