T&S Communications Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 07:58 am EDT
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T&S Communications Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 157.382 million compared to CNY 102.894 million a year ago. Operating income was CNY 24.595 million compared to CNY 15.567 million a year ago. Net income was CNY 22.048 million compared to CNY 12.720 million a year ago. Basic earnings per share from continuing operations was CNY 0.0959 compared to CNY 0.0553 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.