Shaanxi Fenghuo Electronics Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 06:32 am EDT
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Shaanxi Fenghuo Electronics Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 702.759 million compared to CNY 693.911 million a year ago. Operating loss was CNY 18.125 million compared to operating Income of CNY 5.200 million a year ago. Net income was CNY 5.193 million compared to CNY 4.285 million a year ago. Basic earnings per share from continuing operations was CNY 0.009 compared to CNY 0.007 a year ago.
Shaanxi Fenghuo Electronics Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and distribution of military and civilian communication equipment and electro-acoustic equipment. The Companyâs main products include shortwave communication equipment, ultra shortwave communication equipment, aviation search and rescue positioning equipment, vehicle or aircraft inner audio control systems, radio frequency identification systems and electronic equipment, among others. The Company distributes its products in domestic market and to overseas markets, including Southeast Asia, Africa, Europe, Americas and others.