Shanghai Feilo Acoustics Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:57 am EDT
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Shanghai Feilo Acoustics Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 3,176.789 million compared to CNY 4,166.726 million a year ago. Operating income was CNY 590.374 million compared to operating loss of CNY 674.445 million a year ago. Net income was CNY 687.522 million compared to net loss of CNY 660.096 million a year ago. Basic earnings per share from continuing operations was CNY 0.304 compared to basic loss per share from continuing operations of CNY 0.292 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 
