Meig Smart Technology Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 12:06 am EDT
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MeiG Smart Technology Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was CNY 700.815 million compared to CNY 433.899 million a year ago. Operating income was CNY 64.473 million compared to CNY 15.080 million a year ago. Net income was CNY 47.537 million compared to CNY 14.272 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.08 a year ago.
MeiG Smart Technology Co,. Ltd, formerly Shenzhen MeiG Smart Technology Co., Ltd., is a China-based company mainly engaged in the research and development, manufacturing and sales of the fourth generation of mobile phone mobile communication technology standards (4G) applications and precision components. The Company develops and sells 4G wireless communication modules and 4G smart terminals and provides customers with research and development services based on 4G communication technology. The Company also engaged in the research, production and sales of precision structural parts and precision molds for various communication terminal products represented by smart phones. The Company's products include 4G communication modules and smart terminals, mobile phone precision structural parts, smart phones, driving recorders, wireless routers, etc. The Company operates its businesses within the domestic market and to overseas markets.