Fujian Nanping Sun Cable Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 09, 2020 at 08:43 am
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Fujian Nanping Sun Cable Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 6,974.865 million compared to CNY 5,104.612 million a year ago. Operating income was CNY 274.733 million compared to CNY 165.531 million a year ago. Net income was CNY 194.042 million compared to CNY 112.845 million a year ago. Basic earnings per share from continuing operations was CNY 0.325 compared to CNY 0.189 a year ago.
Fujian Nanping Sun Cable Co Ltd is a China-based company mainly engaged in copper processing business. The Company operates primarily through four segments. The Wire and Cable segment is mainly engaged in the production and sales of insulated power cables, nuclear power plant cables, wind power cables, submarine power cables, submarine photoelectric composite cables, flexible direct current submarine cables, construction wires, equipment cables, data cables and overhead wires. The Copper Processing segment is principally engaged in copper processing business. The Hotel segment is mainly engaged in the operation of hotels. The Other Business segment is mainly engaged in other businesses. The Company mainly conducts its businesses in the domestic market.