Guangzhou Guangri Stock Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 11:41 am
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Guangzhou Guangri Stock Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,094.468 million compared to CNY 1,142.980 million a year ago. Operating income was CNY 40.285 million compared to CNY 130.039 million a year ago. Net income was CNY 40.129 million compared to CNY 128.300 million a year ago. Basic earnings per share from continuing operations was CNY 0.0467 compared to CNY 0.1492 a year ago.
GUANGZHOU GUANGRI STOCK CO.,LTD. mainly operates its businesses through design, manufacture, installation, repair and maintenance of elevators, escalators, moving sidewalks, intelligent mechanical parking systems and platform screen doors; design and manufacture of elevator electronic components and related electronic products, elevator rails and related components; provision of services of transportation, distribution, storage, packaging and processing in circulation. The Company is also involved in the light emitting diode (LED) business. The Company distributes its products within domestic market and to overseas markets.
GUANGZHOU GUANGRI STOCK CO.,LTD. 
