Gongniu Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 02:58 pm IST
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Gongniu Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 7,147.049 million compared to CNY 7,531.527 million a year ago. Operating income was CNY 1,936.695 million compared to CNY 2,093.819 million a year ago. Net income was CNY 1,598.945 million compared to CNY 1,752.633 million a year ago. Basic earnings per share from continuing operations was CNY 2.69 compared to CNY 3.25 a year ago.
Goneo Group Co Ltd is a China-based company principally involved in the research and development, manufacture and sales of civilian electrical products. The Company's main products include power connection and power extension products including converters, wall switch sockets, Light Emitting Diode (LED) lighting and digital accessories which are used in home and office. The Company also provides products such as circuit breakers, bottom boxes, wireless doorbells, electrical tapes and reels. The Company distributes its products in domestic market and to overseas markets.
GONGNIU GROUP CO.,LTD. 
