LianChuang Electronic Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 25, 2022 at 08:13 am EDT
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LianChuang Electronic Technology Co.,Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 9,987.35 million compared to CNY 7,499.32 million a year ago. Revenue was CNY 10,557.94 million compared to CNY 7,531.94 million a year ago. Net income was CNY 112.44 million compared to CNY 163.75 million a year ago. Basic earnings per share from continuing operations was CNY 0.11 compared to CNY 0.17 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.17 a year ago.
LianChuang Electronic Technology Co.,Ltd, formerly Hemp Industrial Investment CO., LTD., is a China-based company principally engaged in the research, development, manufacture and distribution of optical products and optoelectronic products. The Company's main products include camera lens, optical lens, camera modules, touch display integrated products, integrated circuit products and displays, among others. The Company's products are used in intelligent smart terminals and wearable equipment, such as smart phones, tablet computers, sports cameras, intelligent driving and virtual reality (VR)/Augmented Reality (AR). The Company distributes its products in domestic markets and to overseas markets.