Hengdian Group Tospo Lighting Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 04:06 am EDT
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Hengdian Group Tospo Lighting Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,200.981 million compared to CNY 835.320 million a year ago. Operating income was CNY 96.054 million compared to CNY 80.648 million a year ago. Net income was CNY 94.831 million compared to CNY 70.913 million a year ago. Basic earnings per share from continuing operations was CNY 0.1944 compared to CNY 0.1454 a year ago.
Hengdian Group Tospo Lighting Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of energy saving lighting products. The Company operates through two main segments. The Main Business segment is primarily engaged in the production and sales of energy saving lights, light-emitting diode (LED) bulbs, lighting electronic products, light-emitting diode (LED) lighting fixtures and engineering plastics, as well as engineering construction and others. The Other Business segment is primarily involved in the rental business.
HENGDIAN GROUP TOSPO LIGHTING CO., LTD. 
