Shanghai Feilo Acoustics Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 30, 2021 at 11:10 am EDT
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Shanghai Feilo Acoustics Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,252.022 million compared to CNY 2,026.973 million a year ago. Operating loss was CNY 50.057 million compared to operating Income of CNY 644.667 million a year ago. Net loss was CNY 79.166 million compared to net income of CNY 758.786 million a year ago. Basic loss per share from continuing operations was CNY 0.032 compared to basic earnings per share from continuing operations of CNY 0.336 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.