Shenglan Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 09:52 am EDT
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Shenglan Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 914.842 million compared to CNY 724.386 million a year ago. Operating income was CNY 117.554 million compared to CNY 92.987 million a year ago. Net income was CNY 100.022 million compared to CNY 79.216 million a year ago. Basic earnings per share from continuing operations was CNY 0.77 compared to CNY 0.71 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.