Guangzhou Haoyang Electronic Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 03:15 pm IST
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Guangzhou Haoyang Electronic Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 302.351 million compared to CNY 641.281 million a year ago. Operating income was CNY 77.796 million compared to CNY 188.682 million a year ago. Net income was CNY 66.746 million compared to CNY 150.140 million a year ago. Basic earnings per share from continuing operations was CNY 0.9192 compared to CNY 2.374 a year ago.
Guangzhou Haoyang Electronic Co Ltd is a China-based company mainly engaged in the research, development, manufacturing and sales of stage entertainment lighting equipment, architectural lighting equipment and truss products. Its stage entertainment lighting equipment is mainly used in large-scale event stage, theater, television studio, and architectural lighting equipment is mainly used in urban landscape lighting. The Companyâs products mainly include pattern lights, stained lights, beam lights, indoor wall washer lights, architectural wall washer lights, landscape lighting underground lights, bolt truss and screw truss, among others. It is also engaged in the sales of accessories and the provision of maintenance, movable property leasing and engineering services. The Company distributes its products in domestic and to overseas markets.
GUANGZHOU HAOYANG ELECTRONIC CO.,LTD. 
