Shenzhen Kinwong Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 22, 2020 at 05:01 am EDT
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Shenzhen Kinwong Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,438.602 million compared to CNY 1,316.225 million a year ago. Operating income was CNY 259.712 million compared to CNY 207.276 million a year ago. Net income was CNY 221.583 million compared to CNY 183.875 million a year ago. Basic earnings per share from continuing operations was CNY 0.37 compared to CNY 0.32 a year ago.
Shenzhen Kinwong Electronic Co Ltd is a China-based company mainly engaged in the research and development, production and sales of printed circuit boards (PCB). The Company's products include high-density interconnection, high-speed multilayer, high frequency, high heat dissipation, multilayer flexible board and rigid-flex combination and others. The Company's products are widely used in communication equipment, smart terminals, computers and network equipment, consumer electronics, automotive electronics, industrial control, medical equipment and other fields. The Company's products are sold in domestic and overseas markets.