Luoyang Northglass Technology Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 09:33 am
Share
Luoyang Northglass Technology Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 462.752 million compared to CNY 482.548 million a year ago. Operating income was CNY 31.806 million compared to operating loss of CNY 2.518 million a year ago. Net income was CNY 25.271 million compared to net loss of CNY 5.779 million a year ago. Basic earnings per share from continuing operations was CNY 0.027 compared to basic loss per share from continuing operations of CNY 0.0062 a year ago.
Luoyang Northglass Technology Co.,LTD is a China-based company principally engaged in the research, development of glass deep processing technology, as well as the manufacture and sale of glass products. The Company's main technical products include various types of glass deep-processing equipment and deep-processing glass products, such as glass tempering units, low emissivity (low-e) glass production lines, pretreatment equipment and automation systems, automotive glass pretreatment production lines, screen printing equipment, insulating glass, toughened glass, laminated glass, low-e glass and other composite glass products. The Company distributes its products in domestic market and to overseas markets.