Guangzhou Guangri Stock Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 06:41 am EDT
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Guangzhou Guangri Stock Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 6,121.891 million compared to CNY 5,463.009 million a year ago. Operating income was CNY 439.699 million compared to CNY 133.749 million a year ago. Net income was CNY 426.593 million compared to CNY 134.063 million a year ago. Basic earnings per share from continuing operations was CNY 0.4961 compared to CNY 0.1559 a year ago.
GUANGZHOU GUANGRI STOCK CO.,LTD. mainly operates its businesses through design, manufacture, installation, repair and maintenance of elevators, escalators, moving sidewalks, intelligent mechanical parking systems and platform screen doors; design and manufacture of elevator electronic components and related electronic products, elevator rails and related components; provision of services of transportation, distribution, storage, packaging and processing in circulation. The Company is also involved in the light emitting diode (LED) business. The Company distributes its products within domestic market and to overseas markets.
GUANGZHOU GUANGRI STOCK CO.,LTD. 
