Geron Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 07:03 pm IST
Share
Geron Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,413.778 million compared to CNY 2,280.614 million a year ago. Operating income was CNY 83.813 million compared to CNY 161.024 million a year ago. Net income was CNY 58.918 million compared to CNY 121.545 million a year ago. Basic earnings per share from continuing operations was CNY 0.34 compared to CNY 0.69 a year ago.
Wuchan Zhongda Geron Co Ltd, formerly Geron Co Ltd, is a China-based company principally engaged in the production and sales of textile carding equipment and stainless-steel decorating material boards. The textile carding equipment mainly include metallic card clothing, flexible flat-top card clothing, flexible woolen card clothing, stationary flats, integrated cylinders, top combs, combing rollers and other carding parts. The stainless steel decorating material boards are mainly used in elevator refurnishing, home electric appliance surface boards, kitchen and bathroom appliances and interior and exterior decoration. The Company distributes its products within domestic market and to overseas markets.