Glarun Technology Co., Ltd. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
April 26, 2021 at 01:56 pm
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Glarun Technology Co., Ltd. announced earnings results for the fourth quarter ended December 31, 2020. For the year, the company announced sales was CNY 3,605.532 million compared to CNY 3,384.125 million a year ago. Operating income was CNY 578.163 million compared to CNY 552.237 million a year ago. Net income was CNY 466.474 million compared to CNY 410.196 million a year ago. Basic earnings per share from continuing operations was CNY 0.38 compared to CNY 0.34 a year ago. For the quarter, sales was CNY 833.812 million compared to CNY 254.879 million a year ago. Operating income was CNY 96.260 million compared to operating loss of CNY 115,344.99 a year ago. Net income was CNY 75.039 million compared to CNY 6.992 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.01 a year ago.
GLARUN TECHNOLOGY CO., LTD. is a China-based company, principally engaged in the development, manufacture and distribution of microwave and information related equipment. The Company's products mainly include radars and subsystems, rail traffic control systems, microwave components and special power supply, among others. In addition, the Company is also engaged in the manufacture and sales of ceramics. It distributes its products mainly within domestic markets.