Guangdong Shunna Electric Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 08:46 am EDT
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Guangdong Shunna Electric Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 638.491 million compared to CNY 585.419 million a year ago. Operating income was CNY 3.566 million compared to operating loss of CNY 18.124 million a year ago. Net income was CNY 14.175 million compared to net loss of CNY 15.419 million a year ago. Basic earnings per share from continuing operations was CNY 0.0205 compared to basic loss per share from continuing operations of CNY 0.0223 a year ago.
Guangdong Shunna Electric Co., Ltd., formerly Guangdong Macro Co., Ltd., is a China-based company principally engaged in the manufacture and sale of power transmission and distribution equipment. The Company is also engaged in bulk trading and supply chain services for transmission and distribution products. The Company's power transmission and distribution equipment mainly include dry transformers, preinstalled substations, combined transformers, medium- and low-voltage switchgears and dry reactors, among others. The Company mainly conducts its business in the Chinese domestic market.
GUANGDONG SHUNNA ELECTRIC CO., LTD 