Cnlight Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 10:03 am EDT
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Cnlight Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 221.890 million compared to CNY 218.700 million a year ago. Operating loss was CNY 15.668 million compared to CNY 261.541 million a year ago. Net loss was CNY 25.211 million compared to CNY 272.608 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.35 a year ago.
Cnlight Co Ltd is a China-based company principally engaged in the manufacturing and sales of lamps. The Company's main products include air disinfection machines, lighting and sterilization integrated classroom lights, logistics cold chain automatic disinfection machines, disinfection table lamps, disinfection bracket lights, ultraviolet lamps, light-emitting diode (LED) indoor lighting, classroom lights, LED outdoor lamps and smart lamps, LED car headlights and car xenon headlights. The Company is also engaged in the lithium battery production equipment business. The Company distributes its products within the domestic market and to overseas markets.