Guizhou Space Appliance Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 12, 2021 at 05:47 am EDT
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Guizhou Space Appliance Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 4,218.411 million compared to CNY 3,533.710 million a year ago. Operating income was CNY 556.194 million compared to CNY 498.263 million a year ago. Net income was CNY 433.589 million compared to CNY 402.233 million a year ago. Basic earnings per share from continuing operations was CNY 1.01 compared to CNY 0.94 a year ago.
Guizhou Space Appliance Co., LTD is principally engaged in the research, development, manufacture and sale of electronic components. The Company primarily offers relay series, including temperature relays, timing relays, special relays, counterbalance relays sealed electromagnetic relays and solid state relays; connector series, including airproof connectors, radio frequency (RF) coaxial connectors and optical fiber connectors, among others, as well as electrical motors, including servo motors, brushless direct current motors and direct current torque motors, among others. The Company's products are mainly applied in space, aviation, electronics, communications, industrial control, precision instruments, ships, satellites and other industries. The Company distributes its products throughout China.
GUIZHOU SPACE APPLIANCE CO., LTD 
