Ocean's King Lighting Science & Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 22, 2020 at 11:52 am
Share
Ocean's King Lighting Science & Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,029.159 million compared to CNY 887.192 million a year ago. Operating income was CNY 181.499 million compared to CNY 129.460 million a year ago. Net income was CNY 146.925 million compared to CNY 103.910 million a year ago. Basic earnings per share from continuing operations was CNY 0.1986 compared to CNY 0.1443 a year ago.
Ocean's King Lighting Science & Technology Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sale of special ambient lighting equipment, as well as the provision of related services. The Company's main products include fixed lighting, mobile lighting and portable lighting. The Company's products are mainly used in electric power, metallurgy, railway, oil field, petrochemicals, public security, fire protection, coal, military, port, venue, civil aviation, shipbuilding and machinery manufacturing industries. The Company distributes its products mainly in domestic market.