Guangzhou Guangri Stock Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 11:00 am
Share
Guangzhou Guangri Stock Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 4,526.169 million compared to CNY 4,044.251 million a year ago. Operating income was CNY 377.874 million compared to CNY 253.292 million a year ago. Net income was CNY 361.210 million compared to CNY 260.138 million a year ago. Basic earnings per share from continuing operations was CNY 0.42 compared to CNY 0.3025 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.