Addsino Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 09:23 am EDT
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Addsino Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,931.597 million compared to CNY 1,491.924 million a year ago. Operating income was CNY 377.950 million compared to CNY 271.160 million a year ago. Net income was CNY 312.228 million compared to CNY 222.775 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.14 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. 
