Shenglan Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 19, 2021 at 08:46 am EDT
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Shenglan Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 307.916 million compared to CNY 127.145 million a year ago. Operating income was CNY 38.991 million compared to CNY 19.134 million a year ago. Net income was CNY 33.103 million compared to CNY 16.658 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to CNY 0.15 a year ago.
Shenglan Technology Co Ltd is a China-based company mainly engaged in the research and development, manufacturing and sales of electronic connectors and precision components. Its products are mainly used in consumer electronics, new energy vehicles and other fields. The consumer electronics connectors and components include universal serial bus (USB) connectors, wafer connectors, flexible printed circuit (FPC) connectors, wiring harness connectors, terminals and housings. The new energy vehicle connectors and component products mainly include soft/hard connections, high voltage connectors, charging guns and others. The Company also offers refractive lenses and reflective lenses. The Company distributes its products in domestic market and to overseas markets.
SHENGLAN TECHNOLOGY CO., LTD. 
