Shenzhen Microgate Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 21, 2022 at 09:15 am EDT
Share
Shenzhen Microgate Technology Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 3,315.69 million compared to CNY 2,327.8 million a year ago. Revenue was CNY 3,318.36 million compared to CNY 2,329.19 million a year ago. Net income was CNY 303.97 million compared to CNY 35.68 million a year ago. Basic earnings per share from continuing operations was CNY 0.3933 compared to CNY 0.0512 a year ago. Diluted earnings per share from continuing operations was CNY 0.3911 compared to CNY 0.0512 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.