Hengdian Group Tospo Lighting Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 19, 2020 at 06:13 am
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Hengdian Group Tospo Lighting Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,083.955 million compared to CNY 1,974.116 million a year ago. Operating income was CNY 187.472 million compared to CNY 134.808 million a year ago. Net income was CNY 172.190 million compared to CNY 122.054 million a year ago. Basic earnings per share from continuing operations was CNY 0.361 compared to CNY 0.2517 a year ago.
Hengdian Group Tospo Lighting Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of energy saving lighting products. The Company operates through two main segments. The Main Business segment is primarily engaged in the production and sales of energy saving lights, light-emitting diode (LED) bulbs, lighting electronic products, light-emitting diode (LED) lighting fixtures and engineering plastics, as well as engineering construction and others. The Other Business segment is primarily involved in the rental business.