Geron Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 07:09 am EDT
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Geron Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,627.655 million compared to CNY 1,748.319 million a year ago. Operating income was CNY 45.806 million compared to CNY 122.431 million a year ago. Net income was CNY 20.297 million compared to CNY 89.380 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.51 a year ago.
Wuchan Zhongda Geron Co Ltd, formerly Geron Co Ltd, is a China-based company principally engaged in the production and sales of textile carding equipment and stainless-steel decorating material boards. The textile carding equipment mainly include metallic card clothing, flexible flat-top card clothing, flexible woolen card clothing, stationary flats, integrated cylinders, top combs, combing rollers and other carding parts. The stainless steel decorating material boards are mainly used in elevator refurnishing, home electric appliance surface boards, kitchen and bathroom appliances and interior and exterior decoration. The Company distributes its products within domestic market and to overseas markets.