T&S Communications Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 08:08 am EDT
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T&S Communications Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 102.894 million compared to CNY 221.240 million a year ago. Operating income was CNY 15.567 million compared to CNY 41.218 million a year ago. Net income was CNY 12.720 million compared to CNY 34.929 million a year ago. Basic earnings per share from continuing operations was CNY 0.0553 compared to CNY 0.1519 a year ago.
T&S Communications Co Ltd is a company engaged in research, development, production and sales of optical communication devices and integrated functional modules. The Company's products include optical device products and optical sensing products. The optical device products include passive optical devices and active optical devices, which are used in the construction and maintenance of optical communication networks and data centers. The Company is also involved in the manufacturing of optical fiber sensor monitoring systems for signal monitoring in a range of areas, such as smart grids, petroleum and petrochemicals, as well as transportation.
T&S COMMUNICATIONS CO.,LTD. 
