Anhui Sinonet & Xinlong Science & Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 14, 2020 at 01:55 pm
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Anhui Sinonet & Xinlong Science & Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,954.914 million compared to CNY 2,055.493 million a year ago. Operating income was CNY 285.010 million compared to CNY 178.410 million a year ago. Net income was CNY 265.726 million compared to CNY 166.056 million a year ago. Basic earnings per share from continuing operations was CNY 0.3974 compared to CNY 0.2483 a year ago.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD., formerly Anhui Xinlong Electrical Co., Ltd., is a China-based company, principally engaged in the manufacture and distribution of electric machines and equipment. The Company operates in three segments, including Electric Machines and Equipment Manufacturing, Professional Technological Services, as well as Software and Information Technology Services. The Company mainly provides public safety products, project construction and operation services, new energy products and power design and services. Its products are mainly applied in public security, military, municipal departments and business units, among others. The Company distributes its products primarily in domestic markets.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD. 
