T&S Communications Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 06:43 am EDT
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T&S Communications Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 470.46 million compared to CNY 373.51 million a year ago. Revenue was CNY 470.46 million compared to CNY 373.51 million a year ago. Net income was CNY 63.44 million compared to CNY 54.77 million a year ago. Basic earnings per share from continuing operations was CNY 0.2758 compared to CNY 0.2381 a year ago. Diluted earnings per share from continuing operations was CNY 0.2758 compared to CNY 0.2381 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.