Opple Lighting Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 23, 2021 at 06:24 am EDT
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Opple Lighting Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,756.227 million compared to CNY 1,030.427 million a year ago. Operating income was CNY 159.172 million compared to operating loss of CNY 7.452 million a year ago. Net income was CNY 134.868 million compared to net loss of CNY 7.113 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
Opple Lighting Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of illumination products. The Companyâs products include home lighting fixtures, light sources, commercial lighting lamps, illumination control system and others. Its home lighting fixtures include living room series, dinning series, bedroom series, Childrenâs room series, study room series, kitchen series and balcony series. Its commercial lighting lamps include downlight series, spotlights, as well as lamp panels, among others. Its light source products mainly include energy-saving light sources and brackets. Its illumination control products and others include switches, sockets, electrical modules, as well as bathroom masters. The Company distributes its products within domestic market and to overseas markets, including South Africa, South Asia, Middle East and North Africa.