Ife Elevators Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 07:11 am
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IFE Elevators Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 372.208 million compared to CNY 302.669 million a year ago. Operating income was CNY 1.986 million compared to operating loss of CNY 6.154 million a year ago. Net income was CNY 1.602 million compared to net loss of CNY 6.351 million a year ago. Basic earnings per share from continuing operations was CNY 0.0048 compared to basic loss per share from continuing operations of CNY 0.019 a year ago. Diluted earnings per share from continuing operations was CNY 0.0047 compared to diluted loss per share from continuing operations of CNY 0.0186 a year ago.
IFE Elevators Co Ltd is a China-based company principally engaged in the research and development, design, manufacturing and sales of elevators, escalators and passenger conveyors, as well as providing related product installation, renovation and maintenance services. The Company's main products include passenger elevators, freight elevators, escalators and passenger conveyors. The Company distributes its products within domestic market and to overseas markets.
IFE ELEVATORS CO., LTD. 
