Shenzhen Refond Optoelectronics Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 08:08 am EDT
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Shenzhen Refond Optoelectronics Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,006.324 million compared to CNY 1,139.938 million a year ago. Operating income was CNY 41.284 million compared to CNY 113.612 million a year ago. Net income was CNY 33.472 million compared to CNY 100.048 million a year ago. Basic earnings per share from continuing operations was CNY 0.0625 compared to CNY 0.1916 a year ago. Diluted earnings per share from continuing operations was CNY 0.0608 compared to CNY 0.1811 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. 
