T&S Communications Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 09:36 am EDT
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T&S Communications Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 573.637 million compared to CNY 753.231 million a year ago. Operating income was CNY 84.721 million compared to CNY 192.518 million a year ago. Net income was CNY 75.616 million compared to CNY 168.055 million a year ago. Basic earnings per share from continuing operations was CNY 0.33 compared to CNY 0.73 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. 
