Anhui Sinonet & Xinlong Science & Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
July 21, 2020 at 08:25 am EDT
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Anhui Sinonet & Xinlong Science & Technology Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,211.439 million compared to CNY 1,237.429 million a year ago. Operating income was CNY 168.420 million compared to CNY 126.455 million a year ago. Net income was CNY 157.001 million compared to CNY 114.079 million a year ago. Basic earnings per share from continuing operations was CNY 0.2348 compared to CNY 0.1706 a year ago.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD., formerly Anhui Xinlong Electrical Co., Ltd., is a China-based company, principally engaged in the manufacture and distribution of electric machines and equipment. The Company operates in three segments, including Electric Machines and Equipment Manufacturing, Professional Technological Services, as well as Software and Information Technology Services. The Company mainly provides public safety products, project construction and operation services, new energy products and power design and services. Its products are mainly applied in public security, military, municipal departments and business units, among others. The Company distributes its products primarily in domestic markets.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD. 
