Guangdong Pak Corporation Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 12:01 pm
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Guangdong PAK Corporation Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,503.921 million compared to CNY 2,432.504 million a year ago. Operating income was CNY 290.922 million compared to CNY 200.090 million a year ago. Net income was CNY 245.239 million compared to CNY 180.267 million a year ago. Basic earnings per share from continuing operations was CNY 0.88 compared to CNY 0.64 a year ago.
Guangdong PAK Corporation Co Ltd is a China-based company mainly engages in the research and development, production and sales of light-emitting diode (LED) lighting fixtures, lighting sources and lighting control products, and provides customers with comprehensive lighting solutions and related professional services. The Company's main products include two categories: LED lighting products and lighting control and other products. LED lighting products include light source products such as bulbs, straight tube lamps, soft light strips, downlights, spotlights, street lights, fire emergency lights, garden lights, as well as various lamps such as light panels and brackets. The Company's lighting products are used in residential, office buildings, hotels, subways, other buildings and outdoor landscape lighting. Lighting control and other products include switches, sockets, ventilators, bathroom heaters, coolers, low-voltage electrical appliances and others.