Xiamen Leading Optics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:40 am EDT
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Xiamen Leading Optics Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 139.85 million compared to CNY 83.39 million a year ago. Revenue was CNY 139.85 million compared to CNY 83.39 million a year ago. Net income was CNY 43.72 million compared to CNY 33.1 million a year ago. Basic earnings per share from continuing operations was CNY 0.1078 compared to CNY 0.0816 a year ago. Diluted earnings per share from continuing operations was CNY 0.1077 compared to CNY 0.0816 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.