Addsino Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 24, 2019 at 12:16 pm
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Addsino Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 2,351.703 million compared to CNY 1,632.386 million a year ago. Operating income was CNY 353.469 million compared to CNY 269.080 million a year ago. Net income was CNY 307.945 million compared to CNY 221.053 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.15 a year ago.
ADDSINO CO.,LTD., formerly CHINASCHOLARS GROUP CO,.LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of command and control communication products, electronic Blue Force and simulation products and electromagnetic security products. The Company's main products include military communication products, experimental radio frequency simulation systems, experimental and field active target simulation systems, radar simulation systems, tactical training simulation systems and electromagnetic protection products, among others. The Company operates its business in domestic market, with North China, East China and southwest area of China as its main markets.