Zhejiang Lante Optics Co., Ltd. Announces Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 02:16 pm EDT
Share
Zhejiang Lante Optics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the quarter, the company announced sales was CNY 96.255 million compared to CNY 89.916 million a year ago. Operating income was CNY 44.249 million compared to CNY 42.787 million a year ago. Net income was CNY 38.370 million compared to CNY 36.989 million a year ago. Basic earnings per share from continuing operations was CNY 0.0953 compared to CNY 0.1025 a year ago.
Zhejiang Lante Optics Co Ltd is a China-based company mainly engaged in the research, development, production and sales of optical components. The Company's main products include optical prisms, glass aspheric lenses, glass wafers, etc. The Company's products are used in smartphones, telescopes, microscopes, mobile phone periscope cameras, high-definition security surveillance, automotive lenses, rangefinders, lidar, wafer-level lens packaging, augmented reality (AR)/virtual reality (VR) and other fields. The Company distributes its products within domestic market and to overseas markets.