Chang Lan Electric Technology Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 11:59 am
Share
Chang Lan Electric Technology Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 733.22 million compared to CNY 658.96 million a year ago. Revenue was CNY 733.22 million compared to CNY 658.96 million a year ago. Net income was CNY 113.04 million compared to CNY 106.04 million a year ago. Basic earnings per share from continuing operations was CNY 0.63 compared to CNY 0.59 a year ago. Diluted earnings per share from continuing operations was CNY 0.63 compared to CNY 0.59 a year ago.
Chang Lan Technology Group Co Ltd, formerly Chang Lan Electric Technology Co Ltd, is a China-based company principally involved in the research, development, manufacture, sales and service-providing of power cable accessories and auxiliary products. The Company operates through two main segments. The Main Business segment is primarily engaged in the sales and manufacture of cable accessories and complete sets of products. The Other Business segment is principally engaged in the sales of cables and scraps. The Companyâs main products include ultra-high voltage cable accessories, high voltage cable accessories, medium and low voltage cables accessories and other products.