Shenzhen Changfang Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 07:57 am EDT
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Shenzhen Changfang Group Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,238.59 million compared to CNY 943.78 million a year ago. Revenue was CNY 1,238.59 million compared to CNY 943.78 million a year ago. Net income was CNY 13.4 million compared to net loss of CNY 24.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.017 compared to basic loss per share from continuing operations of CNY 0.0304 a year ago. Diluted earnings per share from continuing operations was CNY 0.017 compared to diluted loss per share from continuing operations of CNY 0.0304 a year ago.
SHENZHEN CHANGFANG GROUP Co., LTD., formerly Shenzhen ChangFang Light Emitting Diode Lighting Co., LTD., is principally engaged in the research, development, design, production and distribution of light emitting diode (LED) lighting source devices and LED lighting products. The Company's packaging products mainly include dual in-line pin (DIP) LED lighting source devices and surface mounted technology (SMD) LED lighting source devices. Its lighting application products primarily include LED balloon lamps, tubes, ceiling reflector lamps, candle lamps, road lamps, down lamps, as well as ceiling lamps, among others. Through its subsidiaries, the Company is also engaged in the provision of education services.