Chengdu Xgimi Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023
October 30, 2023 at 08:34 am EDT
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Chengdu Xgimi Technology Co.,Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 2,421.78 million compared to CNY 2,882.5 million a year ago. Revenue was CNY 2,421.78 million compared to CNY 2,882.5 million a year ago.
Net income was CNY 86.17 million compared to CNY 329.57 million a year ago. Basic earnings per share from continuing operations was CNY 1.23 compared to CNY 4.71 a year ago. Diluted earnings per share from continuing operations was CNY 1.23 compared to CNY 4.71 a year ago.
XGimi Technology Co Ltd, formerly Chengdu XGimi Technology Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of smart projection products. Its main products and services include smart projection products, projection-related accessories and Internet value-added services. Its smart projection products mainly include smart micro-projection series, laser television series and innovative product series. Its projection-related accessories products mainly include screens, stands, microphones, three dimension (3D) glasses, wireless game controllers, etc. The Company has developed a GMUI software system based on the Android kernel for smart projection products, and provides customers with Internet value-added services, including application distribution, film and television content services, etc. The Company conducts its businesses within the China market and to overseas markets such as Europe, North America, and Japan.