Jiangsu Zhongli Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 12:40 pm
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Jiangsu Zhongli Group Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 6,091.276 million compared to CNY 8,478.352 million a year ago. Operating loss was CNY 442.972 million compared to operating Income of CNY 128.675 million a year ago. Net loss was CNY 326.577 million compared to net income of CNY 20.627 million a year ago. Basic loss per share from continuing operations was CNY 0.37 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.
Jiangsu Zhongli Group Co Ltd, formerly Zhongli Science And Technology Group Co.,Ltd, is a China-based company principally engaged in the manufacture and sale of cables and optical cables, as well as the development and operation of photovoltaic power stations. The Company's main products include flame retardant and fire resistant flexible cables, metal conductors, cable compounds, optical cables and other cables, marine cables, photovoltaic solar cells and modules, and optical wands and optical fibers, among others. The Company distributes its products in domestic market and to overseas markets.