Shenzhen Absen Optoelectronic Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 09, 2021 at 05:03 am
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Shenzhen Absen Optoelectronic Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,642.114 million compared to CNY 2,180.567 million a year ago. Operating loss was CNY 107.915 million compared to operating Income of CNY 124.456 million a year ago. Net loss was CNY 71.149 million compared to net income of CNY 107.254 million a year ago. Basic loss per share from continuing operations was CNY 0.2266 compared to basic earnings per share from continuing operations of CNY 0.3369 a year ago. Diluted loss per share from continuing operations was CNY 0.2266 compared to diluted earnings per share from continuing operations of CNY 0.3362 a year ago.
Shenzhen Absen Optoelectronic Co.,Ltd. is a China-based company principally engaged in the research, development, production and sale of light-emitting diode (LED) full color display screens. The Company's main products include outdoor big screens, court screens, rental screens, stage creative screens and small pitch screens. The Company's products are mainly used in advertising media, real estate, transportation, stage performance, radio and television, stadium, security monitoring, command dispatch and other fields. The Company distributes its products in domestic market and to overseas markets, such as Europe, North America, the rest of Asia and South America.