Shenzhen Refond Optoelectronics Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 10:59 am EDT
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Shenzhen Refond Optoelectronics Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 515.718 million compared to CNY 655.273 million a year ago. Operating income was CNY 26.584 million compared to CNY 47.098 million a year ago. Net income was CNY 26.016 million compared to CNY 37.511 million a year ago. Basic earnings per share from continuing operations was CNY 0.0487 compared to CNY 0.0699 a year ago. Diluted earnings per share from continuing operations was CNY 0.0487 compared to CNY 0.0679 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. 
