Shenzhen Liantronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 11:02 am EDT
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Shenzhen Liantronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 201.550 million compared to CNY 297.172 million a year ago. Operating loss was CNY 15.854 million compared to CNY 77.922 million a year ago. Net loss was CNY 30.733 million compared to CNY 79.496 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.13 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.
SHENZHEN LIANTRONICS CO.,LTD 
