Shenzhen Riland Industry Group Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 05, 2021 at 04:10 am EDT
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Shenzhen Riland Industry Group Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 555.630 million compared to CNY 554.780 million a year ago. Operating income was CNY 80.566 million compared to CNY 135.008 million a year ago. Net income was CNY 66.878 million compared to CNY 113.797 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.25 a year ago.
Shenzhen Riland Industry Group Co Ltd, formerly Shenzhen Riland Industry Co Ltd, is a China-based company principally engaged in the research, development, manufacture and sales of inverter welding equipment, welding automation products and welding accessories, as well as the provision of related services. Its inverter welding equipment includes inverter direct current manual arc welding machines, inverter argon arc welding machines, inverter semi-automatic gas shielded welding machines and inverter plasma cutting machines. Its welding automation products include welding carriages, digital welding equipment, efficient welding systems and robotic welding system integration. Its welding accessories include welding and cutting accessories and welding protection products. The Company distributes its products in the domestic market and to overseas markets.
SHENZHEN RILAND INDUSTRY GROUP CO., LTD 
