Addsino Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 12:24 pm
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Addsino Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 3,206.85 million compared to CNY 2,877.7 million a year ago. Revenue was CNY 3,206.85 million compared to CNY 2,877.7 million a year ago. Net income was CNY 450.74 million compared to CNY 418.15 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.26 a year ago. Diluted earnings per share from continuing operations was CNY 0.28 compared to CNY 0.26 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.