Dongguan Kingsun Optoelectronic Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 05:31 am EDT
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Dongguan Kingsun Optoelectronic Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 265.95 million compared to CNY 339.81 million a year ago. Revenue was CNY 265.95 million compared to CNY 339.81 million a year ago. Net loss was CNY 37.76 million compared to net income of CNY 1.53 million a year ago. Basic loss per share from continuing operations was CNY 0.0251 compared to basic earnings per share from continuing operations of CNY 0.001 a year ago. Diluted loss per share from continuing operations was CNY 0.0251 compared to diluted earnings per share from continuing operations of CNY 0.001 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.
DONGGUAN KINGSUN OPTOELECTRONIC CO.,LTD. 
