Xiamen Changelight Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 26, 2022 at 07:59 am EDT
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Xiamen Changelight Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 403.5 million compared to CNY 437.84 million a year ago. Revenue was CNY 403.5 million compared to CNY 437.84 million a year ago. Net loss was CNY 7.2 million compared to net income of CNY 43.23 million a year ago. Basic loss per share from continuing operations was CNY 0.0102 compared to basic earnings per share from continuing operations of CNY 0.0611 a year ago. Diluted loss per share from continuing operations was CNY 0.0102 compared to diluted earnings per share from continuing operations of CNY 0.0611 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.
XIAMEN CHANGELIGHT CO., LTD. 
