Suzhou Hyc Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:43 pm EDT
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Suzhou HYC Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 282.490 million compared to CNY 171.742 million a year ago. Operating income was CNY 30.965 million compared to CNY 13.645 million a year ago. Net income was CNY 28.196 million compared to CNY 10.222 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.03 a year ago.
Suzhou HYC Technology Co Ltd is a China-based provider of industrial automatic inspection equipment and complete line inspection system solutions. The Company is principally engaged in the research and development, production and sales of flat panel displays, semiconductor integrated circuits, and wearable testing equipment. The Company's main products include testing equipment, including flat panel display testing equipment, integrated circuit testing equipment and automotive electronic testing equipment, as well as inspection fixtures. The Company's main products are used in Liquid Crystal Display (LCD) and Organic Light-Emitting Diode (OLED) flat panel displays, integrated circuits and automotive electronics. The Company mainly conducts its businesses in domestic and overseas markets.