Guangzhou Haoyang Electronic Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 27, 2021 at 11:02 am
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Guangzhou Haoyang Electronic Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 399.686 million compared to CNY 845.061 million a year ago. Operating income was CNY 96.508 million compared to CNY 241.571 million a year ago. Net income was CNY 88.126 million compared to CNY 196.248 million a year ago. Basic earnings per share from continuing operations was CNY 1.1666 compared to CNY 3.103 a year ago.
Guangzhou Haoyang Electronic Co Ltd is a China-based company mainly engaged in the research, development, manufacturing and sales of stage entertainment lighting equipment, architectural lighting equipment and truss products. Its stage entertainment lighting equipment is mainly used in large-scale event stage, theater, television studio, and architectural lighting equipment is mainly used in urban landscape lighting. The Companyâs products mainly include pattern lights, stained lights, beam lights, indoor wall washer lights, architectural wall washer lights, landscape lighting underground lights, bolt truss and screw truss, among others. It is also engaged in the sales of accessories and the provision of maintenance, movable property leasing and engineering services. The Company distributes its products in domestic and to overseas markets.