Jiangsu Zhongli Group Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 27, 2021 at 10:13 pm IST
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Jiangsu Zhongli Group Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 9,033.399 million compared to CNY 11,825.098 million a year ago. Operating loss was CNY 2,346.352 million compared to operating Income of CNY 245.009 million a year ago. Net loss was CNY 2,920.384 million compared to net income of CNY 54.624 million a year ago. Basic loss per share from continuing operations was CNY 3.35 compared to basic earnings per share from continuing operations of CNY 0.06 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.