Guangdong Shunna Electric Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 20, 2020 at 04:12 am EDT
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Guangdong Shunna Electric Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,065.428 million compared to CNY 964.676 million a year ago. Operating income was CNY 11.158 million compared to operating loss of CNY 20.042 million a year ago. Net income was CNY 16.844 million compared to CNY 1.288 million a year ago. Basic earnings per share from continuing operations was CNY 0.0244 compared to CNY 0.0019 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 
