Tecnon Fujian Commercial Lighting Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 04:56 am EDT
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Tecnon Fujian Commercial Lighting Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 2,735.826 million compared to CNY 129.342 million a year ago. Operating income was CNY 90.063 million compared to operating loss of CNY 1.558 million a year ago. Net income was CNY 75.299 million compared to CNY 1.470 million a year ago. Basic earnings per share from continuing operations was CNY 0.7 compared to CNY 0.01 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.