Olympic Circuit Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 04:18 am EDT
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Olympic Circuit Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 498.494 million compared to CNY 504.141 million a year ago. Operating income was CNY 61.663 million compared to CNY 46.473 million a year ago. Net income was CNY 51.909 million compared to CNY 35.112 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.09 a year ago.
Olympic Circuit Technology Co Ltd is a China-based company principally involved in the research, development, manufacture and sales of different sorts of printed circuit boards (PCBs). The Company's products principally include high multi-layer rigid boards, high-dimension interconnect (HDI) boards, flexible printed circuits (FPC), rigid-flex boards (including HDI) and metal substrates. The Company's products are mainly used in automotive electronics, high-end consumer electronics, computer and related equipment, industrial control, communication and medical equipment and other fields. The Company distributes its products both within domestic market and to overseas market.