Jiangmen Kanhoo Industry Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 07:47 am EDT
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Jiangmen Kanhoo Industry Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,280.086 million compared to CNY 1,645.511 million a year ago. Operating income was CNY 24.481 million compared to CNY 53.037 million a year ago. Net income was CNY 20.396 million compared to CNY 50.905 million a year ago. Basic earnings per share from continuing operations was CNY 0.0961 compared to CNY 0.24 a year ago.
Jiangmen Kanhoo Industry Co., Ltd. is principally engaged in the research, development, manufacture and distribution of rare earth luminescent materials and lithium battery materials. The Company primarily provides rare earth luminescent materials for power-saving lamps, which are applied in the manufacture of power lamps and rare earth luminescent materials for new-emerging industries, including rare earth luminescent materials for flat panel displays and specialty light sources, which are applied in the manufacture of liquid crystal displays (LCDs), plasma display panels (PDPs) and specialty-use lamps, such as cold cathode fluorescent lamps (CCFLs), light emitting diodes (LEDs), full spectrum lighting lamps, white light LED solid-state lamps, lamps for plants and ultraviolet healthcare lamps, among others. The Company also provides LED fluorescent material and cathode materials for lithium batteries, among others. The Company distributes its products in domestic and overseas markets.
JIANGMEN KANHOO INDUSTRY CO., LTD 
