Beijing Sojo Electric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 01:13 pm
Share
Beijing SOJO Electric Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 211.660 million compared to CNY 176.283 million a year ago. Operating income was CNY 3.513 million compared to operating loss of CNY 10.838 million a year ago. Net income was CNY 3.390 million compared to net loss of CNY 5.309 million a year ago. Basic earnings per share from continuing operations was CNY 0.0054 compared to basic loss per share from continuing operations of CNY 0.0091 a year ago.
Beijing Sojo Electric Co Ltd is a China-based company principally engaged in the research, development and sales of power transmission and distribution equipment. The main products of the smart electrical business are power transmission and distribution equipment and control systems below 40.5kV, including ring main units, pole-mounted switches, complete sets of high and low voltage switch cabinets, a full range of low voltage switch cabinets, power quality management and other products, and a full range of 110kV and below Transformers, prefabricated and box-type substations, distribution network automation monitoring systems and other distribution automation products. The smart energy business is mainly engaged in photovoltaic engineering, procurement and construction (EPC) business, energy storage business, electricity sales business, power operation and maintenance business and wind power and other new energy businesses.
BEIJING SOJO ELECTRIC CO., LTD. 
