Ways Electron Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 15, 2021 at 06:31 am EDT
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Ways Electron Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 310.082 million compared to CNY 221.947 million a year ago. Operating income was CNY 27.843 million compared to CNY 16.804 million a year ago. Net income was CNY 25.861 million compared to CNY 15.553 million a year ago. Basic earnings per share from continuing operations was CNY 0.1215 compared to CNY 0.0974 a year ago.
Ways Electron Co Ltd is a China-based company mainly engaged in the research and development, production and sales of backlight display modules, liquid crystal display modules and other products. The Companyâs products are mainly used in high-end automobile, mobile phone, tablet, digital camera, small Game console, industrial control display and other fields. In addition, the Company also engaged in the development, production and sales of touch screens, rubber parts, hardware parts, automotive decorative panels and other products. The Company distributes its products in domestic market and to overseas markets.
WAYS ELECTRON CO.,LTD. 
