Shanghai Feilo Acoustics Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 03:38 pm IST
Share
Shanghai Feilo Acoustics Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 4,433.482 million compared to CNY 5,726.201 million a year ago. Operating income was CNY 515.936 million compared to operating loss of CNY 1,711.836 million a year ago. Net income was CNY 431.499 million compared to net loss of CNY 1,679.978 million a year ago. Basic earnings per share from continuing operations was CNY 0.186 compared to basic loss per share from continuing operations of CNY 0.744 a year ago.
Shanghai Feilo Acoustics Co., ltd is a China-based company, principally engaged in the manufacture and distribution of lighting equipment. The Company is engaged in the manufacture and sales of light source electrical appliances and lighting products, the sales and engineering service of audio products, and installation works of lighting equipment. The Company's products include High Intensity Discharge (HID) light sources, energy saving products, inductor electronics, traditional lamps, light-emitting diode (LED) products, automotive lighting products and components. The Company is also engaged in contract energy management and the provision of technical services. The Company distributes its products within domestic markets and to overseas markets.