Shanghai Feilo Acoustics Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:28 pm EDT
Share
Shanghai Feilo Acoustics Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,138.666 million compared to CNY 1,047.475 million a year ago. Operating loss was CNY 41.508 million compared to CNY 183.753 million a year ago. Net loss was CNY 58.841 million compared to CNY 186.055 million a year ago. Basic loss per share from continuing operations was CNY 0.023 compared to CNY 0.189 a year ago.
Shanghai Feilo Acoustics Co., ltd is a China-based company, principally engaged in the manufacture and distribution of lighting equipment. The Company is engaged in the manufacture and sales of light source electrical appliances and lighting products, the sales and engineering service of audio products, and installation works of lighting equipment. The Company's products include High Intensity Discharge (HID) light sources, energy saving products, inductor electronics, traditional lamps, light-emitting diode (LED) products, automotive lighting products and components. The Company is also engaged in contract energy management and the provision of technical services. The Company distributes its products within domestic markets and to overseas markets.
SHANGHAI FEILO ACOUSTICS CO.,LTD 
