Xiamen Leading Optics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 05:07 am EDT
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Xiamen Leading Optics Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 83.386 million compared to CNY 79.723 million a year ago. Operating income was CNY 36.966 million compared to CNY 37.850 million a year ago. Net income was CNY 33.104 million compared to CNY 33.024 million a year ago. Basic earnings per share from continuing operations was CNY 0.0816 compared to CNY 0.0906 a year ago.
Xiamen Leading Optics Co Ltd is a company engaged in design, production and sales of optical lenses. The Company's products are comprised of fixed focus lenses and zoom lenses. The fixed focus lens products include ordinary fixed focus series lenses, fisheye series lenses, distortion-free series lenses and machine vision (MV) series lenses. The zoom lens products include ordinary zoom series lenses and motorized focus and zoom (MFZ) series lenses. The Company's products are used in smart phones, security video surveillance, machine vision and smart homes. The Company is also involved in production of accessories and other products. It sells the products to both domestic and international markets, including Japan, South Korea, the United States, Canada, Thailand and so on.