Opple Lighting Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 05:28 am EDT
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Opple Lighting Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 5,230.097 million compared to CNY 5,769.570 million a year ago. Operating income was CNY 594.879 million compared to CNY 722.259 million a year ago. Net income was CNY 509.082 million compared to CNY 602.188 million a year ago. Basic earnings per share from continuing operations was CNY 0.67 compared to CNY 0.8 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.