Xiamen Leading Optics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:01 am EDT
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Xiamen Leading Optics Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 307.782 million compared to CNY 331.681 million a year ago. Operating income was CNY 130.542 million compared to CNY 142.874 million a year ago. Net income was CNY 114.359 million compared to CNY 131.535 million a year ago. Basic earnings per share from continuing operations was CNY 0.3061 compared to CNY 0.3609 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.
XIAMEN LEADING OPTICS CO., LTD. 