Espressif Systems Shanghai Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 27, 2021 at 05:46 am EDT
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Espressif Systems Shanghai Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 630.602 million compared to CNY 293.202 million a year ago. Operating income was CNY 105.584 million compared to CNY 37.573 million a year ago. Net income was CNY 101.520 million compared to CNY 34.740 million a year ago. Basic earnings per share from continuing operations was CNY 1.2681 compared to CNY 0.4343 a year ago.
Espressif Systems Shanghai Co Ltd is a China-based company mainly engaged in the research and development, design and sales of Internet of Things (IoT) communication chips and modules. The Company mainly provides customers with overall solutions for the IoT. The Company is also engaged in the technical development of related compilers, tool chains, operating systems, application development frameworks, etc. The Company's products mainly include ESP8266, ESP32, ESP32-C and ESP32-S IoT chip product series. Its products are mainly used in smart home, electrician, lighting, smart speakers, consumer electronics, mobile payment, industrial control and other IoT fields. The Company mainly conducts its businesses in domestic and overseas markets.
ESPRESSIF SYSTEMS (SHANGHAI) CO., LTD. 
