Advanced Fiber Resources Zhuhai, Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 11:35 am EDT
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Advanced Fiber Resources Zhuhai, Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 491.604 million compared to CNY 390.780 million a year ago. Operating income was CNY 63.028 million compared to CNY 66.606 million a year ago. Net income was CNY 59.205 million compared to CNY 57.484 million a year ago. Basic earnings per share from continuing operations was CNY 0.5523 compared to CNY 0.6439 a year ago. Diluted earnings per share from continuing operations was CNY 0.5484 compared to CNY 0.6367 a year ago.
Advanced Fiber Resources (Zhuhai) ., Ltd is a China-based company principally engaged in the design, research, development, manufacturing, sales and services of high power optical components. The Company operates through three main segments. The Fiber Laser Components segment is mainly engaged in the manufacturing and sales of isolators, pump combiners, beam splitters and couplers. The Optical Network Components segment is mainly involved in the manufacturing and sales of isolators, wavelength division multiplexers, beam splitters and couplers. The Other Components segment is primarily involved in the manufacturing and sales of other test equipments.
ADVANCED FIBER RESOURCES (ZHUHAI), LTD. 
