Shenzhen Gongjin Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 11:56 am EDT
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Shenzhen Gongjin Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 7,840.845 million compared to CNY 8,333.939 million a year ago. Operating income was CNY 319.481 million compared to CNY 190.235 million a year ago. Net income was CNY 310.831 million compared to CNY 192.414 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 0.25 a year ago.
SHENZHEN GONGJIN ELECTRONICS CO.,LTD is a China-based company principally engaged in the manufacture of broadband communication terminals. The Company is primarily engaged in the research and development, manufacture and sales of broadband communication terminals to communication equipment suppliers. The Company primarily produces asymmetric digital subscriber line (ADSL) terminals, very high speed digital subscriber line (VDSL) terminals, optical access terminals, Wi-Fi terminals and 3G terminals, as well as other broadband communication terminals. The Company distributes its products within domestic market and to overseas market.
SHENZHEN GONGJIN ELECTRONICS CO., LTD. 
