Shenzhen Absen Optoelectronic Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 04:45 am
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Shenzhen Absen Optoelectronic Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,401.99 million compared to CNY 1,070.96 million a year ago. Revenue was CNY 1,401.99 million compared to CNY 1,070.96 million a year ago. Net loss was CNY 59.16 million compared to net income of CNY 3.81 million a year ago. Basic loss per share from continuing operations was CNY 0.1887 compared to basic earnings per share from continuing operations of CNY 0.0121 a year ago. Diluted loss per share from continuing operations was CNY 0.1887 compared to diluted earnings per share from continuing operations of CNY 0.0121 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.