Guoanda Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 08:37 am
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Guoanda Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 275.789 million compared to CNY 277.362 million a year ago. Operating income was CNY 70.990 million compared to CNY 87.610 million a year ago. Net income was CNY 62.120 million compared to CNY 74.568 million a year ago. Basic earnings per share from continuing operations was CNY 0.61 compared to CNY 0.78 a year ago.
Guoanda Co Ltd is a China-based company engaged in research and development, production and sales of fire extinguishing devices. The Company's products include ultra-fine dry powder automatic fire extinguishing devices and intelligent fire fighting systems, automatic fire extinguishing devices and intelligent fire fighting systems used for battery boxes, as well as fixed fire extinguishing systems used for passenger compartments. Its products are used in a range of areas, covering passenger car engine compartments, lithium battery boxes of new energy vehicles, substation cables and new energy power stations.
GUOANDA CO., LTD. 
