Guangzhou Haoyang Electronic Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 08:28 am
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Guangzhou Haoyang Electronic Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 257.245 million compared to CNY 429.967 million a year ago. Operating income was CNY 75.814 million compared to CNY 125.163 million a year ago. Net income was CNY 65.175 million compared to CNY 101.974 million a year ago. Basic earnings per share from continuing operations was CNY 0.9763 compared to CNY 1.6124 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.