Gold Cup Electric Apparatus Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 08:41 am EDT
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Gold cup Electric Apparatus Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 7,796.149 million compared to CNY 5,844.317 million a year ago. Operating income was CNY 272.368 million compared to CNY 245.061 million a year ago. Net income was CNY 249.896 million compared to CNY 197.598 million a year ago. Basic earnings per share from continuing operations was CNY 0.357 compared to CNY 0.354 a year ago. Diluted earnings per share from continuing operations was CNY 0.358 compared to CNY 0.356 a year ago.
Gold Cup Electric Apparatus Co Ltd is a China-based company mainly engaged in the research, development, production and sales of wires and cables. The Company mainly operates three segments: Cable Industry Center, Electromagnetic Wire Industry Center, and Service Industry Center. The Company's main products include flat magnet wire and cable products. The Company's products are widely used in fields such as ultra-high voltage, smart grids, new energy vehicles, smart equipment, rail transit, wind and solar energy storage, new infrastructure, medical equipment, nuclear power, military industry and livelihood projects. The Company mainly operates in the domestic market.
GOLD CUP ELECTRIC APPARATUS CO.,LTD. 
