Shanghai Feilo Acoustics Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:27 am EDT
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Shanghai Feilo Acoustics Co. Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,365.61 million compared to CNY 3,176.79 million a year ago. Revenue was CNY 3,365.61 million compared to CNY 3,176.79 million a year ago. Net loss was CNY 157.48 million compared to net income of CNY 687.52 million a year ago. Basic loss per share from continuing operations was CNY 0.063 compared to basic earnings per share from continuing operations of CNY 0.304 a year ago. Diluted loss per share from continuing operations was CNY 0.063 compared to diluted earnings per share from continuing operations of CNY 0.304 a year ago.
Shanghai Feilo Acoustics Co., ltd is a China-based company, principally engaged in the manufacture and distribution of lighting equipment. The Company is engaged in the manufacture and sales of light source electrical appliances and lighting products, the sales and engineering service of audio products, and installation works of lighting equipment. The Company's products include High Intensity Discharge (HID) light sources, energy saving products, inductor electronics, traditional lamps, light-emitting diode (LED) products, automotive lighting products and components. The Company is also engaged in contract energy management and the provision of technical services. The Company distributes its products within domestic markets and to overseas markets.