Opple Lighting Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 10:04 am EDT
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Opple Lighting Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,030.427 million compared to CNY 1,663.224 million a year ago. Operating loss was CNY 7.452 million compared to operating Income of CNY 105.305 million a year ago. Net loss was CNY 7.113 million compared to net income of CNY 86.134 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.11 a year ago.
Opple Lighting Co., Ltd. is a China-based company principally engaged in the research, design, manufacture and distribution of illumination products. The Companyâs products include home lighting fixtures, light sources, commercial lighting lamps, illumination control system and others. Its home lighting fixtures include living room series, dinning series, bedroom series, Childrenâs room series, study room series, kitchen series and balcony series. Its commercial lighting lamps include downlight series, spotlights, as well as lamp panels, among others. Its light source products mainly include energy-saving light sources and brackets. Its illumination control products and others include switches, sockets, electrical modules, as well as bathroom masters. The Company distributes its products within domestic market and to overseas markets, including South Africa, South Asia, Middle East and North Africa.
OPPLE LIGHTING CO.,LTD 
