T&S Communications Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 08, 2022 at 08:29 am EDT
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T&S Communications Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 644.22 million compared to CNY 570.49 million a year ago. Revenue was CNY 646.33 million compared to CNY 573.64 million a year ago. Net income was CNY 71.76 million compared to CNY 75.62 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.33 a year ago. Diluted earnings per share from continuing operations was CNY 0.32 compared to CNY 0.33 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.