Amlogic Co.,Ltd. Announces Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 07:10 pm
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Amlogic (Shanghai) Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 929.126 million compared to CNY 403.073 million a year ago. Operating income was CNY 94.364 million compared to operating loss of CNY 33.799 million a year ago. Net income was CNY 89.464 million compared to net loss of CNY 39.294 million a year ago. Basic earnings per share from continuing operations was CNY 0.22 compared to basic loss per share from continuing operations of CNY 0.1 a year ago.
Amlogic Shanghai Co Ltd is a China-based company mainly engaged in the research and development (R&D), design and sales of multimedia intelligent terminal system level chip (SoC). The Company's products include smart set-top box SoC chips, smart television (TV) SoC chips, artificial intelligence (AI) audio and video system terminal SoC chips, WIFI and Bluetooth chips and automotive electronic chips. The Company's products are mainly used in the fields of intelligent set-top box, intelligent TV, AI audio and video system terminal, wireless connection and on-board information and entertainment system. The Company's businesses cover Chinese mainland, Hongkong, North America, Europe, Latin America, Russia, Asia Pacific, Africa and other economic regions.