Shenzhen Refond Optoelectronics Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 26, 2021 at 11:14 am EDT
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Shenzhen Refond Optoelectronics Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,232.910 million compared to CNY 1,371.864 million a year ago. Operating income was CNY 44.242 million compared to operating loss of CNY 131.485 million a year ago. Net income was CNY 48.152 million compared to net loss of CNY 126.122 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to basic loss per share from continuing operations of CNY 0.2367 a year ago. Diluted earnings per share from continuing operations was CNY 0.0891 compared to diluted loss per share from continuing operations of CNY 0.2367 a year ago.
SHENZHEN REFOND OPTOELECTRONICS CO., LTD. is principally engaged in the research and development of light emitting diode (LED) packaging technologies, as well as the manufacturing and sale of LED packaging products. The Company primarily provides high end backlight LED components and assemblies, LED components and assemblies for lighting, as well as LED components and assemblies for displaying, among others. The Company's products are widely used in the manufacture of liquid crystal display (LCD) televisions, computers and mobile phones, as well as daily use electronic products, urban lighting, indoor lighting, displays, industrial applications and automobiles, among others. The Company distributes its products in domestic and overseas markets, with Pearl River Delta region and Yangtze River Delta region as the main market.
SHENZHEN REFOND OPTOELECTRONICS CO.,LTD. 
