Fujian Nanping Sun Cable Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 10:25 am
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Fujian Nanping Sun Cable Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,232.209 million compared to CNY 1,280.370 million a year ago. Operating income was CNY 3.613 million compared to CNY 36.910 million a year ago. Net income was CNY 2.572 million compared to CNY 26.038 million a year ago. Basic earnings per share from continuing operations was CNY 0.0043 compared to CNY 0.0436 a year ago.
Fujian Nanping Sun Cable Co Ltd is a China-based company mainly engaged in copper processing business. The Company operates primarily through four segments. The Wire and Cable segment is mainly engaged in the production and sales of insulated power cables, nuclear power plant cables, wind power cables, submarine power cables, submarine photoelectric composite cables, flexible direct current submarine cables, construction wires, equipment cables, data cables and overhead wires. The Copper Processing segment is principally engaged in copper processing business. The Hotel segment is mainly engaged in the operation of hotels. The Other Business segment is mainly engaged in other businesses. The Company mainly conducts its businesses in the domestic market.
FUJIAN NANPING SUN CABLE CO., LTD. 
