Shenzhen Increase Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 05:49 pm
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Shenzhen Increase Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 289.420 million compared to CNY 307.191 million a year ago. Operating loss was CNY 47.603 million compared to operating Income of CNY 11.794 million a year ago. Net loss was CNY 21.428 million compared to net income of CNY 12.011 million a year ago. Basic loss per share from continuing operations was CNY 0.1494 compared to basic earnings per share from continuing operations of CNY 0.0837 a year ago.
Shenzhen Increase Technology Co Ltd is a China-based company mainly engaged in the research, development, production and sales of intelligent high-frequency switching power supplies and related power electronic products in the field of power electronics. The Company mainly produces three types of products. Electric vehicle charging power products include electric vehicle charging power modules, electric vehicle charging monitoring modules, electric vehicle charging power systems, and others. Power operation power products mainly include power operation power charging modules, monitoring modules and other core components and power operation power systems. Other power products mainly include communication power supplies, electric vehicle on-board power modules, inverter power supplies, DC lighting products, and others. The Company's products can be widely used in power, new energy vehicles, communications, metallurgy, chemical industry, laser equipment and other industries.
SHENZHEN INCREASE TECHNOLOGY CO., LTD. 