Kunshan Kersen Science & Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 20, 2020 at 03:47 am EDT
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Kunshan Kersen Science & Technology Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,492.458 million compared to CNY 1,366.101 million a year ago. Operating income was CNY 59.632 million compared to operating loss of CNY 74.360 million a year ago. Net income was CNY 75.137 million compared to net loss of CNY 69.479 million a year ago. Basic earnings per share from continuing operations was CNY 0.1621 compared to basic loss per share from continuing operations of CNY 0.1677 a year ago. Diluted earnings per share from continuing operations was CNY 0.1621 compared to diluted loss per share from continuing operations of CNY 0.1557 a year ago.
Kunshan Kersen Science & Technology Co Ltd is a China-based company mainly engaged in the research and development, design, production and sales of precision metal structural parts. The Company's main products include consumer electronic product structural parts, medical surgical equipment structural parts, automobiles (including new energy vehicles), liquid crystal panels, electronic cigarettes and other end product structural parts. Its products are mainly used in consumer electronics (including e-cigarettes), medical equipment, automobiles, panels and other fields. The Company mainly distributes its products in domestic and overseas markets.