Shanghai Feilo Acoustics Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 09:04 am EDT
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Shanghai Feilo Acoustics Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,092.835 million compared to CNY 1,473.206 million a year ago. Operating income was CNY 656.447 million compared to operating loss of CNY 320.578 million a year ago. Net income was CNY 765.531 million compared to net loss of CNY 329.292 million a year ago. Basic earnings per share from continuing operations was CNY 0.777 compared to basic loss per share from continuing operations of CNY 0.334 a year ago.
Shanghai Feilo Acoustics Co., ltd is a China-based company, principally engaged in the manufacture and distribution of lighting equipment. The Company is engaged in the manufacture and sales of light source electrical appliances and lighting products, the sales and engineering service of audio products, and installation works of lighting equipment. The Company's products include High Intensity Discharge (HID) light sources, energy saving products, inductor electronics, traditional lamps, light-emitting diode (LED) products, automotive lighting products and components. The Company is also engaged in contract energy management and the provision of technical services. The Company distributes its products within domestic markets and to overseas markets.
SHANGHAI FEILO ACOUSTICS CO.,LTD 
