Zhejiang Lante Optics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 21, 2022 at 07:53 am EDT
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Zhejiang Lante Optics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 89.68 million compared to CNY 96.26 million a year ago. Revenue was CNY 89.68 million compared to CNY 96.26 million a year ago. Net income was CNY 21.53 million compared to CNY 38.37 million a year ago. Basic earnings per share from continuing operations was CNY 0.0536 compared to CNY 0.0953 a year ago. Diluted earnings per share from continuing operations was CNY 0.0536 compared to CNY 0.0953 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.