Shenzhen Liantronics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 10:17 am
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Shenzhen Liantronics Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 895.477 million compared to CNY 2,446.873 million a year ago. Operating loss was CNY 190.866 million compared to operating Income of CNY 29.088 million a year ago. Net loss was CNY 158.207 million compared to net income of CNY 17.834 million a year ago. Basic loss per share from continuing operations was CNY 0.2698 compared to basic earnings per share from continuing operations of CNY 0.0299 a year ago.
Shenzhen Liantronics Co., Ltd is a supplier of system solutions of lighting emitting diode (LED) full-color display application products. The Company operates in three segments, including LED Application Products, Advertising Media and Public Relation Services. The Company's system solutions mainly include program design, product manufacturing, engineering service, technical support and product leasing, among others. The featured products of the Company include commercial LED advertising machine and LED intelligent cloud television (TV), among others. The Companyâs products can be divided into full-color LED, monochromatic LED and bi-color LED. The Company's LED full-color display products are primarily applied in indoor and outdoor advertising media, stage entertainment, government and enterprise marketing, as well as stadium and gymnasium and other fields. The Company also involved in operation of media business. The Company operates in domestic and overseas markets.
SHENZHEN LIANTRONICS CO.,LTD 
