Dongguan Kingsun Optoelectronic Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:30 am EDT
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Dongguan Kingsun Optoelectronic Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 887.4 million compared to CNY 711.26 million a year ago. Revenue was CNY 887.4 million compared to CNY 711.26 million a year ago. Net loss was CNY 346.71 million compared to CNY 19.67 million a year ago. Basic loss per share from continuing operations was CNY 0.2302 compared to CNY 0.013 a year ago. Diluted loss per share from continuing operations was CNY 0.2302 compared to CNY 0.013 a year ago.
Dongguan Kingsun Optoelectronic Co Ltd is a China-based company principally engaged in the research and development, production and sales of smart lighting, outdoor lighting, landscape lighting and outdoor courtyard products. The Company is also engaged in providing semiconductor lighting products and comprehensive solutions. The Company's light emitting diode (LED) lighting products are used in lighting application fields such as smart lighting, road lighting, traffic lighting, commercial lighting, industrial lighting, office lighting, educational lighting and civil lighting, and are used in many LED lighting demonstration projects and LED accent lighting project. The Company mainly conducts its businesses in the domestic market and overseas markets.