Kingsignal Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:34 am EDT
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Kingsignal Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,922.5 million compared to CNY 1,461.92 million a year ago. Revenue was CNY 1,922.5 million compared to CNY 1,461.92 million a year ago. Net income was CNY 36.31 million compared to CNY 29.94 million a year ago. Basic earnings per share from continuing operations was CNY 0.063 compared to CNY 0.052 a year ago. Diluted earnings per share from continuing operations was CNY 0.063 compared to CNY 0.0519 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.