Focused Photonics Hangzhou, Inc. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 07:02 am EDT
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Focused Photonics Hangzhou, Inc. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,354.670 million compared to CNY 2,590.439 million a year ago. Operating income was CNY 86.762 million compared to CNY 378.146 million a year ago. Net income was CNY 42.238 million compared to CNY 314.957 million a year ago. Basic earnings per share from continuing operations was CNY 0.095 compared to CNY 0.697 a year ago.
Focused Photonics Hangzhou Inc is a China-based company principally engaged in the research, development, manufacture and sales of instruments. The company operates through four segments. Instruments, Related Software and Consumables segment is mainly engaged in the research, development and production of environmental monitoring instruments and related systems. Operation Services, Testing Services and Consulting Services segment mainly provides environmental monitoring systems and operation services. Environmental Equipment and Engineering segment mainly provides sewage treatment consulting and design, engineering construction and operation management services. Others business segment is engaged in environment-related services.