Shenzhen Mason Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 09:54 am
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Shenzhen Mason Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 937.474 million compared to CNY 863.817 million a year ago. Operating loss was CNY 7.340 million compared to operating Income of CNY 32.767 million a year ago. Net loss was CNY 3.407 million compared to net income of CNY 33.302 million a year ago. Basic loss per share from continuing operations was CNY 0.0039 compared to basic earnings per share from continuing operations of CNY 0.04 a year ago.
Shenzhen Mason Technologies Co.,Ltd. is a China-based company principally engaged in the supply of light-emitting diode (LED) light source devices and lighting products. The Company is primarily engaged in the research and development, design, production and sale of high-end LED light source devices and LED lighting products. The Company's products are categorized into LED light source components and LED lightings. The Company also provides infrared receivers. The Company distributes its products in domestic market and to overseas market.