Tecnon Fujian Commercial Lighting Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 08:43 am EDT
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Tecnon Fujian Commercial Lighting Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 239.111 million compared to CNY 388.399 million a year ago. Operating income was CNY 2.351 million compared to CNY 48.587 million a year ago. Net income was CNY 4.709 million compared to CNY 41.290 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to CNY 0.39 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. 
