Shenglan Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 05:48 am EDT
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Shenglan Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 581.797 million compared to CNY 496.121 million a year ago. Operating income was CNY 76.888 million compared to CNY 64.420 million a year ago. Net income was CNY 68.215 million compared to CNY 55.722 million a year ago. Basic earnings per share from continuing operations was CNY 0.55 compared to CNY 0.5 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. 
