Guangzhou Guangri Stock Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:23 am EDT
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Guangzhou Guangri Stock Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,937.334 million compared to CNY 4,526.169 million a year ago. Operating income was CNY 553.676 million compared to CNY 377.874 million a year ago. Net income was CNY 528.212 million compared to CNY 361.210 million a year ago. Basic earnings per share from continuing operations was CNY 0.6142 compared to CNY 0.42 a year ago.
GUANGZHOU GUANGRI STOCK CO.,LTD. mainly operates its businesses through design, manufacture, installation, repair and maintenance of elevators, escalators, moving sidewalks, intelligent mechanical parking systems and platform screen doors; design and manufacture of elevator electronic components and related electronic products, elevator rails and related components; provision of services of transportation, distribution, storage, packaging and processing in circulation. The Company is also involved in the light emitting diode (LED) business. The Company distributes its products within domestic market and to overseas markets.