Mingyue Optical Lens Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022 at 04:48 am EDT
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Mingyue Optical Lens Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 136.2 million compared to CNY 120.25 million a year ago. Revenue was CNY 136.2 million compared to CNY 120.25 million a year ago. Net income was CNY 22.11 million compared to CNY 13.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.1646 compared to CNY 0.1291 a year ago. Diluted earnings per share from continuing operations was CNY 0.1646 compared to CNY 0.1291 a year ago.
Mingyue Optical Lens Co Ltd is a China-based company primarily engaged in the research, development, design, production and sales of eye optic products such as spectacle lenses, lens resin materials, finished lenses, and frames. Lens products include myopia lenses, plan lenses and hyperopia lenses based on different diopters. Resin lenses are mainly made of polymer resin materials. Finished products are mainly frame glasses, which are composed of frames and lenses. It provides its customers with products under the brand Mingyue Lens. The Company conducts its businesses in the domestic market.
MINGYUE OPTICAL LENS CO.,LTD. 
