T&S Communications Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 05, 2021 at 07:09 am EDT
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T&S Communications Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 316.278 million compared to CNY 229.202 million a year ago. Operating income was CNY 47.188 million compared to CNY 44.270 million a year ago. Net income was CNY 42.272 million compared to CNY 39.239 million a year ago. Basic earnings per share from continuing operations was CNY 0.1838 compared to CNY 0.1706 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.