Addsino Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 25, 2020 at 04:07 am EDT
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Addsino Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,877.696 million compared to CNY 2,351.703 million a year ago. Operating income was CNY 487.459 million compared to CNY 353.469 million a year ago. Net income was CNY 418.151 million compared to CNY 307.945 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.19 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. 
