General Elevator Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 22, 2021 at 01:13 pm
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GENERAL Elevator Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 452.129 million compared to CNY 456.001 million a year ago. Operating income was CNY 63.584 million compared to CNY 69.546 million a year ago. Net income was CNY 55.142 million compared to CNY 62.144 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.35 a year ago.
General Elevator Co Ltd is a China-based company principally engaged in the research and development, design, manufacturing, sales, installation, renovation and maintenance of elevators, escalators and moving walk products. The Company provides systematic solutions and renewal solutions for the elevator configuration of various buildings. The Company's products include passenger elevators, sightseeing elevators, hospital elevators, home elevators, freight elevators, car elevators, elevators installed in existing buildings, escalators and moving walkway. The Company mainly distributes its products in the domestic market.