Shenzhen Increase Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 27, 2019 at 08:20 pm
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Shenzhen Increase Technology Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 129.525 million compared to CNY 121.560 million a year ago. Operating loss was CNY 1.944 million compared to operating Income of CNY 32.138 million a year ago. Net income was CNY 4.844 million compared to CNY 32.653 million a year ago. Basic earnings per share from continuing operations was CNY 0.0338 compared to CNY 0.2276 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. 