Ningbo Exciton Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 08:07 am EDT
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Ningbo Exciton Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 515.62 million compared to CNY 381.15 million a year ago. Revenue was CNY 515.62 million compared to CNY 381.15 million a year ago. Net income was CNY 37.53 million compared to CNY 32.52 million a year ago. Basic earnings per share from continuing operations was CNY 0.14 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.14 compared to CNY 0.14 a year ago.
Ningbo Exciton Technology Co Ltd is a company mainly engaged in research and development, production and sales of optical films and functional films for display screens. The Company's primary products are optical film products, including diffusion films, brightness enhancement films, quantum dot films, protective films and so on. The products are used in televisions, monitors, laptops, tablets, smart phones, navigators and car displays. The Company is also engaged in the manufacturing of photovoltaic backsheet products and other products.