Hangzhou Lion Electronics Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 08, 2021 at 06:15 am EDT
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Hangzhou Lion Electronics Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,502.017 million compared to CNY 1,191.685 million a year ago. Operating income was CNY 239.155 million compared to CNY 173.899 million a year ago. Net income was CNY 201.957 million compared to CNY 128.187 million a year ago. Basic earnings per share from continuing operations was CNY 0.55 compared to CNY 0.36 a year ago.
Hangzhou Lion Microelectronics Co Ltd is a China-based company mainly engaged in research, development, production and sales of semiconductor silicon wafers. The Company's primary products are comprised of semiconductor silicon wafers, such as silicon polishing wafers and silicon epitaxial wafers; semiconductor discrete device chips, such as Schottky diode chips and metal-oxide-semiconductor field-effect transistor (MOSFET) chips; semiconductor discrete devices; and gallium arsenide chips. The Company's products are used in communications, computers, automotive industry, consumer electronics, photovoltaic industry, smart grid, medical electronics and other industries. It sells the products to both domestic and international markets, including Malaysia, Japan, and the United States.