Ledman Optoelectronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 08:31 am EDT
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Ledman Optoelectronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 167.439 million compared to CNY 216.789 million a year ago. Operating income was CNY 3.178 million compared to CNY 14.827 million a year ago. Net income was CNY 5.005 million compared to CNY 12.124 million a year ago. Basic earnings per share from continuing operations was CNY 0.0143 compared to CNY 0.035 a year ago.
Ledman Optoelectronic Co.,Ltd. is mainly engaged in light-emitting diode (LED) business and sports business. Its LED business is mainly engaged in LED packaging device, LED display, LED lighting, LED media and LED energy saving businesses. The Company's main products include display products, lighting products and packaging products. Its sports business is mainly engaged in the event resource operation, player brokerage, football youth training, football campus and football and sports media businesses. The Company distributes its products in domestic market and to overseas markets, such as North America, Europe and other areas of Asia.
LEDMAN OPTOELECTRONIC CO., LTD. 
