T&S Communications Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 19, 2022 at 05:36 am EDT
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T&S Communications Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 180.26 million compared to CNY 157.38 million a year ago. Revenue was CNY 180.26 million compared to CNY 157.38 million a year ago. Net income was CNY 23.54 million compared to CNY 22.05 million a year ago. Basic earnings per share from continuing operations was CNY 0.1055 compared to CNY 0.0959 a year ago. Diluted earnings per share from continuing operations was CNY 0.1055 compared to CNY 0.0959 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.