Shenzhen Mason Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 05:51 pm IST
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Shenzhen Mason Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,014.232 million compared to CNY 937.474 million a year ago. Operating income was CNY 71.605 million compared to operating loss of CNY 7.340 million a year ago. Net income was CNY 44.543 million compared to net loss of CNY 3.407 million a year ago. Basic earnings per share from continuing operations was CNY 0.0509 compared to basic loss per share from continuing operations of CNY 0.0039 a year ago.
Shenzhen Mason Technologies Co.,Ltd. is a China-based company principally engaged in the supply of light-emitting diode (LED) light source devices and lighting products. The Company is primarily engaged in the research and development, design, production and sale of high-end LED light source devices and LED lighting products. The Company's products are categorized into LED light source components and LED lightings. The Company also provides infrared receivers. The Company distributes its products in domestic market and to overseas market.