General Elevator Co., Ltd. Reports Earnings Results for the Third Quarter Ended March 31, 2020
January 14, 2021 at 07:34 am EST
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GENERAL Elevator Co., Ltd. announced earnings results for the third quarter ended March 31, 2020. For the third quarter, the company announced sales was CNY 31.062 million. Operating loss was CNY 1.557 million. Net loss was CNY 1.624 million. Basic loss per share from continuing operations was CNY 0.01. For the nine months, sales was CNY 288.815 million. Operating income was CNY 35.511 million. Net income was CNY 30.658 million. Basic earnings per share from continuing operations was CNY 0.17.
General Elevator Co Ltd is a China-based company principally engaged in the research and development, design, manufacturing, sales, installation, renovation and maintenance of elevators, escalators and moving walk products. The Company provides systematic solutions and renewal solutions for the elevator configuration of various buildings. The Company's products include passenger elevators, sightseeing elevators, hospital elevators, home elevators, freight elevators, car elevators, elevators installed in existing buildings, escalators and moving walkway. The Company mainly distributes its products in the domestic market.