Shenzhen Longli Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 12:20 pm EDT
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Shenzhen Longli Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 466.912 million compared to CNY 477.233 million a year ago. Operating loss was CNY 40.217 million compared to operating Income of CNY 11.562 million a year ago. Net loss was CNY 34.655 million compared to net income of CNY 9.682 million a year ago. Basic loss per share from continuing operations was CNY 0.29 compared to basic earnings per share from continuing operations of CNY 0.081 a year ago. Diluted loss per share from continuing operations was CNY 0.26 compared to diluted earnings per share from continuing operations of CNY 0.081 a year ago.
SHENZHEN LONGLI TECHNOLOGY CO., LTD is a China-based company principally engaged in the research and development, manufacture and sales of backlight display modules. Its products include light-emitting diode (LED) backlight display modules, cold cathode fluorescent lighting (CCFL) backlight display modules and electroluminescence (EL) backlight display modules. The Company's products are applied in smart phone, tablet, digital camera, car display, medical display, industrial display and other fields. The Company's customers are mainly manufacturers of various types of liquid crystal display modules.