Shanghai Guangdian Electric Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 10:39 am
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Shanghai Guangdian Electric Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,038.304 million compared to CNY 698.968 million a year ago. Operating income was CNY 120.740 million compared to CNY 128.016 million a year ago. Net income was CNY 75.690 million compared to CNY 176.026 million a year ago. Basic earnings per share from continuing operations was CNY 0.0809 compared to CNY 0.1881 a year ago.
Shanghai Guangdian Electric Group Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of power transmission and distribution equipment and control equipment, as well as the provision of related services. The Company operates its business mainly through three segments. The Complete Equipment segment provides 40.5 kilovolt (VK) or below alternating current (AC) medium voltage switchgears, ring main units (RMUs), AC low voltage switchgears, direct current (DC) switchgears, power cabinets and boxes, control cabinets and boxes and lighting boxes. The Components segment provides 40.5 kV and below medium-voltage circuit breakers, low-voltage circuit breakers and intelligent control components. The Power Electronics segment provides high voltage inverters and active filters. The Company distributes its products mainly in domestic market.
SHANGHAI GUANGDIAN ELECTRIC GROUP CO., LTD. 
