Folkup Development Inc. announced earnings results for the third quarter ended August 31, 2020. For the third quarter, the company announced operating loss was USD 2,998 compared to USD 21,067 a year ago. Net income was USD 34,651 compared to net loss of USD 21,067 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.01 a year ago. For the nine months, operating loss was USD 15,793 compared to USD 30,041 a year ago. Net income was USD 21,856 compared to net loss of USD 30,041 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.01 a year ago.