On May 8, lingpenyang (872658) recently released its 2020 annual report. During the reporting period, the company achieved an operating income of 74823942.58 yuan, a year-on-year decrease of 37.79%; The net profit attributable to the shareholders of the listed company was 2318094.70 yuan, a year-on-year decrease of 81.82%.
During the reporting period, the net cash flow from operating activities was 3575940.70 yuan, and the net assets belonging to the shareholders of the listed company was 57299047.95 yuan by the end of 2020.
During the reporting period, the operating income was 74823942.58 yuan, a year-on-year decrease of 37.79%. The main reason was that the company was affected by the epidemic in 2020, and most of the business of the subsidiary Industrial Company was foreign trade, mainly concentrated in the areas with severe epidemic in Europe and America, so the order volume decreased significantly, resulting in lower income.
According to our data, we are committed to providing our customers with LED products with excellent performance and stable quality, striving to become a leading enterprise in the industry.