North Electro-Optic Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 21, 2020 at 02:08 pm IST
Share
North Electro-Optic Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 553.666 million compared to CNY 626.917 million a year ago. Operating income was CNY 17.225 million compared to CNY 28.705 million a year ago. Net income was CNY 7.270 million compared to CNY 30.676 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to CNY 0.06 a year ago.
North Electro-Optic Co., Ltd. is a China-based company principally engaged in the research and development, design, manufacture and distribution of optoelectronic defense products. The Company is also engaged in the manufacture and sales of optoelectronic materials and components. Its defense products include large-scale weapon systems, precision guidance seekers and optoelectronic information equipment. Its optoelectronic materials and components include optical materials (including ordinary optical materials, low-melting optical materials, infrared materials, laser materials and glass-ceramics), photoelectric materials, components, jewelry glass materials, special materials and optical accessories. The Company distributes its products within domestic market and to overseas markets.
NORTH ELECTRO-OPTIC CO.,LTD. 
