Anhui Sinonet & Xinlong Science & Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 04:32 pm EDT
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Anhui Sinonet & Xinlong Science & Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,755.676 million compared to CNY 2,455.958 million a year ago. Operating income was CNY 335.607 million compared to CNY 222.776 million a year ago. Net income was CNY 284.714 million compared to CNY 174.762 million a year ago. Basic earnings per share from continuing operations was CNY 0.4258 compared to CNY 0.2505 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. 
