Kingsignal Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 04:02 am EDT
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Kingsignal Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,167.985 million compared to CNY 1,032.503 million a year ago. Operating income was CNY 4.881 million compared to CNY 20.322 million a year ago. Net income was CNY 16.068 million compared to CNY 14.501 million a year ago. Basic earnings per share from continuing operations was CNY 0.0279 compared to CNY 0.0252 a year ago. Diluted earnings per share from continuing operations was CNY 0.0279 compared to CNY 0.0251 a year ago.
Kingsignal Technology Co., Ltd. is a China-based company principally involved in the research, development, production and sales of signal interconnection products. The Company operates through three main segments. The Communication Equipment segment is mainly engaged in the research, development, production and sales of telecommunication cables, optical cables, communication assemblies, connectors and printed circuit board (PCB) series products. The Commercial Factoring segment is mainly engaged in provision of commercial factoring-related services. The Other Business segment is primarily engaged in sales, import and export of installation auxiliary materials.