Jiangsu Linyang Energy Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:37 am EDT
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Jiangsu Linyang Energy Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 4,418.008 million compared to CNY 2,545.274 million a year ago. Operating income was CNY 1,032.927 million compared to CNY 778.737 million a year ago. Net income was CNY 935.284 million compared to CNY 700.668 million a year ago. Basic earnings per share from continuing operations was CNY 0.54 compared to CNY 0.4 a year ago. Diluted earnings per share from continuing operations was CNY 0.5 compared to CNY 0.38 a year ago.
Jiangsu Linyang Energy Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sales of electrical meters. Its electrical meters include three-phase intelligent power meters, collectors, concentrators, power selling terminals and bidirectional converters, among others. The Company is also engaged in the development, investment, construction and operation of photovoltaic power stations, the research, development, manufacture and sales of monocrystal photovoltaic modules, energy performance contracting and the research, development, manufacture and sales of liquid emitting diode (LED) products. The Company operates businesses in both domestic and overseas markets.
JIANGSU LINYANG ENERGY CO., LTD. 
