Shenzhen Microgate Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 01:02 pm
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Shenzhen Microgate Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,648.554 million compared to CNY 875.294 million a year ago. Operating income was CNY 165.740 million compared to CNY 54.787 million a year ago. Net income was CNY 139.060 million compared to CNY 39.555 million a year ago. Basic earnings per share from continuing operations was CNY 0.1997 compared to CNY 0.0567 a year ago.
SHENZHEN MICROGATE TECHNOLOGY CO., LTD. is a China-based company principally engaged in the research, development, production and sale of electronic components and Liquid Composite Molding (LCM) display module devices. The Company's main products include chip power inductors, radio frequency (RF) components and LCM display module devices. The Company's products are mainly used in the areas of mobile communications, consumer electronics, military electronics, computers, the Internet applications, LED lighting, automotive electronics and industrial equipment. The Company distributes its products in domestic market and to overseas market.