Noblelift Intelligent Equipment Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 03:50 am EDT
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Noblelift Intelligent Equipment Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,902.828 million compared to CNY 2,069.147 million a year ago. Operating income was CNY 221.531 million compared to CNY 226.411 million a year ago. Net income was CNY 198.302 million compared to CNY 187.926 million a year ago. Basic earnings per share from continuing operations was CNY 0.78 compared to CNY 0.7 a year ago.
Noblelift Intelligent Equipment Co Ltd is a China-based company mainly engaged in intelligent manufacturing equipment business and intelligent logistics system business. The Company's Intelligent Manufacturing Equipment Business segment is mainly engaged in the research, development, manufacturing, sales and related services of logistics equipment. Its main products include industrial vehicles such as light and small handling vehicles, motorized industrial vehicles, and automated guided vehicles (AGV) forklifts. The main business of the Intelligent Logistics System Business segment includes the solutions provision of project design, data simulation, equipment manufacturing, installation and commissioning, after-sales service of automated three-dimensional warehousing systems, automated transportation and sorting systems, unmanned handling robots and systems, and automated logistics software systems. The Company conducts its businesses within domestic and overseas markets.