Hangzhou Everfine Photo-E-Info Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended March 31, 2019
April 24, 2019 at 12:20 pm EDT
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HangZhou Everfine Photo-e-info Co., Ltd. announced earnings results for the fourth quarter ended March 31, 2019. For the fourth quarter, the company announced sales was CNY 86.951 million compared to CNY 101.448 million a year ago. Operating income was CNY 15.463 million compared to CNY 20.977 million a year ago. Net income was CNY 12.594 million compared to CNY 19.107 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.07 a year ago. For the full year, sales was CNY 421.720 million compared to CNY 557.612 million a year ago. Operating loss was CNY 470.126 million compared to operating income of CNY 163.316 million a year ago. Net loss was CNY 485.110 million compared to net income of CNY 128.349 million a year ago. Basic loss per share from continuing operations was CNY 1.69 compared to basic earnings per share from continuing operations of CNY 0.45 a year ago.
HangZhou Everfine Photo-e-info Co., Ltd. is a China-based company principally engaged in the light-emitting diode (LED) industry chain business. The Company's main products are intelligent monitoring information systems, including LED light automatic test production lines, chip on board (COB) light automatic fast test systems, accelerated aging and automatic test systems of driving power, LED module automatic test systems, vehicle light online dimming test systems, light source high-precision automatic test systems and light color image online automatic test systems. The Company distributes its products in domestic market and to overseas market.