Guangzhou Guangri Stock Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 05:24 am EDT
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Guangzhou Guangri Stock Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,957.899 million compared to CNY 2,792.086 million a year ago. Operating income was CNY 325.706 million compared to CNY 295.831 million a year ago. Net income was CNY 311.819 million compared to CNY 283.986 million a year ago. Basic earnings per share from continuing operations was CNY 0.3626 compared to CNY 0.3302 a year ago.
GUANGZHOU GUANGRI STOCK CO.,LTD. mainly operates its businesses through design, manufacture, installation, repair and maintenance of elevators, escalators, moving sidewalks, intelligent mechanical parking systems and platform screen doors; design and manufacture of elevator electronic components and related electronic products, elevator rails and related components; provision of services of transportation, distribution, storage, packaging and processing in circulation. The Company is also involved in the light emitting diode (LED) business. The Company distributes its products within domestic market and to overseas markets.
GUANGZHOU GUANGRI STOCK CO.,LTD. 
