Xiamen Changelight Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 02:17 pm IST
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Xiamen Changelight Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 702.616 million compared to CNY 796.536 million a year ago. Operating loss was CNY 50.562 million compared to operating Income of CNY 191.270 million a year ago. Net loss was CNY 49.709 million compared to net income of CNY 152.402 million a year ago. Basic loss per share from continuing operations was CNY 0.0703 compared to basic earnings per share from continuing operations of CNY 0.22 a year ago.
Xiamen Changelight Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of semiconductor optoelectronic products. The Companyâs main products include light-emitting diode epitaxial slices and chips, as well as epitaxial films and chips of gallium arsenide solar cells. The Companyâs products are mainly applied in the fields, such as, night scene engineering, displays, backlight sources, backlight products, electronic devices and automobiles.