Shenzhen Liantronics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 02:29 pm IST
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Shenzhen Liantronics Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 775.86 million compared to CNY 895.48 million a year ago. Revenue was CNY 775.86 million compared to CNY 895.48 million a year ago. Net income was CNY 85.72 million compared to net loss of CNY 158.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.1537 compared to basic loss per share from continuing operations of CNY 0.2698 a year ago. Diluted earnings per share from continuing operations was CNY 0.1537 compared to diluted loss per share from continuing operations of CNY 0.2698 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.