Shenzhen Liantronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 29, 2020 at 01:43 pm EDT
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Shenzhen Liantronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 3,013.565 million compared to CNY 4,053.373 million a year ago. Operating loss was CNY 1,255.612 million compared to CNY 2,797.881 million a year ago. Net loss was CNY 1,381.107 million compared to CNY 2,888.173 million a year ago. Basic loss per share from continuing operations was CNY 2.32 compared to CNY 4.73 a year ago.
Shenzhen Liantronics Co., Ltd is a supplier of system solutions of lighting emitting diode (LED) full-color display application products. The Company operates in three segments, including LED Application Products, Advertising Media and Public Relation Services. The Company's system solutions mainly include program design, product manufacturing, engineering service, technical support and product leasing, among others. The featured products of the Company include commercial LED advertising machine and LED intelligent cloud television (TV), among others. The Companyâs products can be divided into full-color LED, monochromatic LED and bi-color LED. The Company's LED full-color display products are primarily applied in indoor and outdoor advertising media, stage entertainment, government and enterprise marketing, as well as stadium and gymnasium and other fields. The Company also involved in operation of media business. The Company operates in domestic and overseas markets.