Guangdong Pak Corporation Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 04:42 pm
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Guangdong PAK Corporation Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 1,073.727 million compared to CNY 1,063.292 million a year ago. Operating income was CNY 77.206 million compared to CNY 109.642 million a year ago. Net income was CNY 67.848 million compared to CNY 94.203 million a year ago. Basic earnings per share from continuing operations was CNY 0.2456 compared to CNY 0.3364 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.