Tecnon Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 25, 2022 at 05:39 am EDT
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Tecnon Electronics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 847.95 million compared to CNY 1,193.84 million a year ago. Revenue was CNY 847.95 million compared to CNY 1,193.84 million a year ago. Net income was CNY 23.65 million compared to CNY 36.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.1059 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.1059 compared to CNY 0.2 a year ago.
Tecnon Electronics Co Ltd, formerly Tecnon (Fujian) Commercial Lighting Co Ltd, is a China-based company mainly engaged in the distribution of semiconductors. The Company operates in two segments. Commercial Lighting segment is mainly engaged in the production and manufacturing of lighting appliances, light-emitting diode (LED) displays and photoelectric signs. Semiconductor Distribution Business segment is mainly engaged in the distribution of semiconductors related to the wireless communications and consumer electronics fields such as mobile radio frequency front-end chips. The Company's products mainly include lighting fixtures, light-emitting diode (LED) displays and photoelectric signs. The Company's products are mainly used in commercial areas such as branded retail terminals, shopping centers, markets, hotels, and theme parks.
TECNON ELECTRONICS CO., LTD. 
