Addsino Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:46 am EDT
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Addsino Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 4,436.047 million compared to CNY 4,039.258 million a year ago. Operating income was CNY 957.877 million compared to CNY 794.503 million a year ago. Net income was CNY 807.848 million compared to CNY 675.265 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.42 a year ago.
ADDSINO CO.,LTD., formerly CHINASCHOLARS GROUP CO,.LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of command and control communication products, electronic Blue Force and simulation products and electromagnetic security products. The Company's main products include military communication products, experimental radio frequency simulation systems, experimental and field active target simulation systems, radar simulation systems, tactical training simulation systems and electromagnetic protection products, among others. The Company operates its business in domestic market, with North China, East China and southwest area of China as its main markets.
ADDSINO CO., LTD. 
