Xiamen Changelight Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 08:31 am EDT
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Xiamen Changelight Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,039.240 million compared to CNY 1,029.561 million a year ago. Operating loss was CNY 329.606 million compared to operating Income of CNY 210.022 million a year ago. Net loss was CNY 279.961 million compared to net income of CNY 179.985 million a year ago. Basic loss per share from continuing operations was CNY 0.4 compared to basic earnings per share from continuing operations of CNY 0.26 a year ago. Diluted loss per share from continuing operations was CNY 0.4 compared to diluted earnings per share from continuing operations of CNY 0.25 a year ago.
Xiamen Changelight Co., Ltd. is a China-based company principally involved in the research, development, manufacture and sales of semiconductor optoelectronic products. The Companyâs main products include light-emitting diode epitaxial slices and chips, as well as epitaxial films and chips of gallium arsenide solar cells. The Companyâs products are mainly applied in the fields, such as, night scene engineering, displays, backlight sources, backlight products, electronic devices and automobiles.