Shenzhen Gongjin Electronics Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
July 28, 2020 at 05:57 am EDT
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Shenzhen Gongjin Electronics Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 3,884.817 million compared to CNY 4,032.940 million a year ago. Operating income was CNY 176.293 million compared to CNY 177.340 million a year ago. Net income was CNY 179.542 million compared to CNY 170.589 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.22 a year ago.
SHENZHEN GONGJIN ELECTRONICS CO.,LTD is a China-based company principally engaged in the manufacture of broadband communication terminals. The Company is primarily engaged in the research and development, manufacture and sales of broadband communication terminals to communication equipment suppliers. The Company primarily produces asymmetric digital subscriber line (ADSL) terminals, very high speed digital subscriber line (VDSL) terminals, optical access terminals, Wi-Fi terminals and 3G terminals, as well as other broadband communication terminals. The Company distributes its products within domestic market and to overseas market.