Mls Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 09:57 am
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MLS Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 4,473.462 million compared to CNY 3,762.294 million a year ago. Operating income was CNY 414.697 million compared to CNY 260.041 million a year ago. Net income was CNY 296.544 million compared to CNY 112.093 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.09 a year ago.
MLS Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and distribution of light emitting diodes (LED) packaging and application products. The Companyâs main products include LED lamps, Surface Mounted Devices (SMD) series and LED applications, among others. The Company's products are mainly used in indoor and outdoor lighting, lamps, landscape lighting, home electronics, traffic signals, flat panel display and lighting engineering. The Company distributes its products in domestic market and to overseas markets.