Shenzhen Liantronics Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 11:15 am EDT
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Shenzhen Liantronics Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 590.692 million compared to CNY 1,676.269 million a year ago. Operating loss was CNY 126.033 million compared to operating Income of CNY 50.440 million a year ago. Net loss was CNY 135.365 million compared to net income of CNY 20.105 million a year ago. Basic loss per share from continuing operations was CNY 0.23 compared to basic earnings per share from continuing operations of CNY 0.03 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 
