Amlogic Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 06:06 am EDT
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Amlogic (Shanghai) Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,233.26 million compared to CNY 1,764.78 million a year ago. Revenue was CNY 3,233.26 million compared to CNY 1,764.78 million a year ago. Net income was CNY 501.84 million compared to net loss of CNY 13.29 million a year ago. Basic earnings per share from continuing operations was CNY 1.22 compared to basic loss per share from continuing operations of CNY 0.03 a year ago. Diluted earnings per share from continuing operations was CNY 1.22 compared to diluted loss per share from continuing operations of CNY 0.03 a year ago.
Amlogic Shanghai Co Ltd is a China-based company mainly engaged in the research and development (R&D), design and sales of multimedia intelligent terminal system level chip (SoC). The Company's products include smart set-top box SoC chips, smart television (TV) SoC chips, artificial intelligence (AI) audio and video system terminal SoC chips, WIFI and Bluetooth chips and automotive electronic chips. The Company's products are mainly used in the fields of intelligent set-top box, intelligent TV, AI audio and video system terminal, wireless connection and on-board information and entertainment system. The Company's businesses cover Chinese mainland, Hongkong, North America, Europe, Latin America, Russia, Asia Pacific, Africa and other economic regions.