Ways Electron Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 03:49 am EDT
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Ways Electron Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 732.747 million compared to CNY 933.794 million a year ago. Operating income was CNY 61.223 million compared to CNY 80.454 million a year ago. Net income was CNY 56.814 million compared to CNY 75.419 million a year ago. Basic earnings per share from continuing operations was CNY 0.3559 compared to CNY 0.4725 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. 
