T&S Communications Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 03, 2020 at 12:57 pm
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T&S Communications Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 229.202 million compared to CNY 429.918 million a year ago. Operating income was CNY 44.270 million compared to CNY 117.155 million a year ago. Net income was CNY 39.239 million compared to CNY 102.003 million a year ago. Basic earnings per share from continuing operations was CNY 0.1706 compared to CNY 0.4435 a year ago.
T&S Communications Co Ltd is a company engaged in research, development, production and sales of optical communication devices and integrated functional modules. The Company's products include optical device products and optical sensing products. The optical device products include passive optical devices and active optical devices, which are used in the construction and maintenance of optical communication networks and data centers. The Company is also involved in the manufacturing of optical fiber sensor monitoring systems for signal monitoring in a range of areas, such as smart grids, petroleum and petrochemicals, as well as transportation.