Guizhou Space Appliance Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 09:10 am
Share
Guizhou Space Appliance Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,118.948 million compared to CNY 760.036 million a year ago. Operating income was CNY 153.407 million compared to CNY 94.326 million a year ago. Net income was CNY 118.872 million compared to CNY 72.971 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.17 a year ago.
Guizhou Space Appliance Co., LTD is principally engaged in the research, development, manufacture and sale of electronic components. The Company primarily offers relay series, including temperature relays, timing relays, special relays, counterbalance relays sealed electromagnetic relays and solid state relays; connector series, including airproof connectors, radio frequency (RF) coaxial connectors and optical fiber connectors, among others, as well as electrical motors, including servo motors, brushless direct current motors and direct current torque motors, among others. The Company's products are mainly applied in space, aviation, electronics, communications, industrial control, precision instruments, ships, satellites and other industries. The Company distributes its products throughout China.