Opple Lighting Co.,LTD Reports Earnings Results for the First Quarter Ended March 31, 2024
April 26, 2024 at 03:39 pm EDT
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Opple Lighting Co.,LTD reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was CNY 1,583.1 million compared to CNY 1,502.73 million a year ago. Net income was CNY 120.89 million compared to CNY 97.91 million a year ago.
Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.13 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.13 a year ago.
Opple Lighting Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of illumination products. The Companyâs products include home lighting fixtures, light sources, commercial lighting lamps, illumination control system and others. Its home lighting fixtures include living room series, dinning series, bedroom series, Childrenâs room series, study room series, kitchen series and balcony series. Its commercial lighting lamps include downlight series, spotlights, as well as lamp panels, among others. Its light source products mainly include energy-saving light sources and brackets. Its illumination control products and others include switches, sockets, electrical modules, as well as bathroom masters. The Company distributes its products within domestic market and to overseas markets, including South Africa, South Asia, Middle East and North Africa.