Jilin Sino-Microelectronics Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 30, 2019 at 12:10 pm EDT
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Jilin Sino-Microelectronics Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 725.082 million compared to CNY 820.064 million a year ago. Operating income was CNY 39.644 million compared to CNY 56.996 million a year ago. Net income was CNY 36.073 million compared to CNY 50.352 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.07 a year ago. Sales was CNY 1,688.549 million compared to CNY 1,800.660 million a year ago. Operating income was CNY 215.906 million compared to CNY 378.619 million a year ago. Net income was CNY 176.451 million compared to CNY 326.760 million a year ago. Basic earnings per share from continuing operations was CNY 0.21 compared to CNY 0.38 a year ago.
JiLin Sino-Microelectronics Co., Ltd. is a China-based company principally engaged in the design, research and development, manufacture and sales of semiconductor devices. The Company is also engaged in chip manufacturing and package testing businesses. The Company mainly provides transistors, discharge lamp chips, controlled silicon products, diodes, high voltage power switch crystal products, mid voltage power switch crystal products and other related products. The Company's products are mainly applied in consumer electronics, energy saving lighting, computers, automobile electronics, communication protection, as well as industrial controlling and other fields. The Company distributes its products within domestic market and to overseas markets.