Shenzhen Longtech Smart Control Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 17, 2021 at 05:38 pm IST
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Shenzhen Longtech Smart Control Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 420.153 million compared to CNY 260.855 million a year ago. Operating income was CNY 71.668 million compared to CNY 40.044 million a year ago. Net income was CNY 64.133 million compared to CNY 31.492 million a year ago. Basic earnings per share from continuing operations was CNY 1 compared to CNY 0.99 a year ago.
Shenzhen Longtech Smart Control Co Ltd is a China-based company engaged in the research, development, design, production and sales of intelligent controllers and intelligent products. Its products include two major categories. Smart controllers include smart home appliances and home appliances smart controllers, automotive electronics smart controllers and other smart controllers, such as coffee machine smart controllers, passenger car master controllers, and electronic cigarette smart controllers. Smart products include off-grid lighting products, new consumer electronics products and others, such as multi-functional off-grid lighting systems, smart beer mugs, smart gateways, and human-like commercial service robots. Its products are mainly used in industries such as smart home and home appliances, off-grid lighting, automotive electronics and new consumer electronics. The Company conducts its businesses in the China market and overseas markets such as Asia, Africa and North America.