Shenzhen Frd Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 11:03 am EDT
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Shenzhen FRD Science & Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 626.365 million compared to CNY 578.859 million a year ago. Operating income was CNY 31.552 million compared to CNY 46.461 million a year ago. Net income was CNY 35.073 million compared to CNY 42.893 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.09 a year ago.
Shenzhen FRD Science & Technology Co Ltd is a service provider of electromagnetic shielding and heat conduction solutions. The Company's products include electromagnetic shielding materials and devices, such as conductive plastic devices, conductive silicone and metal shielding devices; thermally conductive materials and device products, including graphite sheets and heat dissipation modules; base station antennas and related devices, including base station antennas and antennas covers; protective functional devices, including single-sided adhesive, double-sided adhesive and protective film. The Company's products are used in smart phones, communication equipment, electronic computers, automotive electronics, medical equipment, smart home and other consumer electronics areas.