Shenzhen Microgate Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 06:45 am EDT
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Shenzhen Microgate Technology Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,473.77 million compared to CNY 1,595.36 million a year ago. Revenue was CNY 2,473.77 million compared to CNY 1,595.36 million a year ago. Net income was CNY 231.31 million compared to CNY 71.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.3089 compared to CNY 0.102 a year ago. Diluted earnings per share from continuing operations was CNY 0.3089 compared to CNY 0.102 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.
SHENZHEN MICROGATE TECHNOLOGY CO., LTD. 
