Guangdong Rifeng Electric Cable Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 27, 2021 at 02:19 pm
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GuangDong Rifeng Electric Cable Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,628.943 million compared to CNY 1,539.539 million a year ago. Operating income was CNY 117.344 million compared to CNY 110.561 million a year ago. Net income was CNY 104.897 million compared to CNY 108.436 million a year ago. Basic earnings per share from continuing operations was CNY 0.61 compared to CNY 0.69 a year ago.
GuangDong Rifeng Electric Cable Co., Ltd. is a China-based company that independently develops and manufactures rubber sheathed wire and cable. The Company is mainly engaged in the research, development, production and sales of electrical equipment and special equipment supporting cables. The products mainly include four categories: air conditioning cable components, small household appliance wiring components, special equipment cables and other cables, and widely used in household appliances, robots, wind power, marine engineering, port machinery, construction machinery, shipbuilding, power tools, instrumentation, automotive, lighting, outdoor equipment and other fields. The Company distributes its products in domestic market and to overseas markets.
GUANGDONG RIFENG ELECTRIC CABLE CO., LTD. 
