Shanghai Liangxin Electrical Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 12:06 pm
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Shanghai Liangxin Electrical Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,776.147 million compared to CNY 1,282.313 million a year ago. Operating income was CNY 188.893 million compared to CNY 209.763 million a year ago. Net income was CNY 203.439 million compared to CNY 194.052 million a year ago. Basic earnings per share from continuing operations was CNY 0.2035 compared to CNY 0.1908 a year ago. Diluted earnings per share from continuing operations was CNY 0.2023 compared to CNY 0.1903 a year ago.
Shanghai Liangxin Electrical Co., LTD. is a China-based company principally engaged in the research, development, production and sale of low voltage electrical systems. The Company's main products include terminal appliances, distribution appliances and control appliances. The Company's products are mainly used in telecommunications, construction, new energy, power, machine tool, lifting, petrochemical, metallurgy, rail and rail transportation industries. The Company distributes its products in domestic market.