Zhejiang Lante Optics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 01:13 pm IST
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Zhejiang Lante Optics Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 315.41 million compared to CNY 322.77 million a year ago. Revenue was CNY 315.41 million compared to CNY 322.77 million a year ago. Net income was CNY 109.4 million compared to CNY 127.86 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.35 a year ago. Diluted earnings per share from continuing operations was CNY 0.27 compared to CNY 0.35 a year ago.
Zhejiang Lante Optics Co Ltd is a China-based company mainly engaged in the research, development, production and sales of optical components. The Company's main products include optical prisms, glass aspheric lenses, glass wafers, etc. The Company's products are used in smartphones, telescopes, microscopes, mobile phone periscope cameras, high-definition security surveillance, automotive lenses, rangefinders, lidar, wafer-level lens packaging, augmented reality (AR)/virtual reality (VR) and other fields. The Company distributes its products within domestic market and to overseas markets.