Shenzhen INVT Electric Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 10:05 am
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Shenzhen INVT Electric Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,132.18 million compared to CNY 1,601.9 million a year ago. Revenue was CNY 2,132.18 million compared to CNY 1,601.9 million a year ago. Net income was CNY 163.36 million compared to CNY 94.21 million a year ago. Basic earnings per share from continuing operations was CNY 0.2168 compared to CNY 0.125 a year ago. Diluted earnings per share from continuing operations was CNY 0.2168 compared to CNY 0.125 a year ago.
SHENZHEN INVT ELECTRIC CO., LTD is a China-based company principally engaged in the research and development, manufacture and sales of industrial automation, network power, as well as energy and power products. The Company main products include frequency converters, uninterrupted power supplies (UPSs) and motor controllers. The Company also provides industrial Internet of Things (IoT) solutions, servo systems, high-efficiency motors, new energy automotive powertrain systems, main motor controllers, auxiliary motor controllers, drive motors, onboard charging power supplies, charging piles, data center infrastructure and others. The Company's products are applied in lifting, machine tool, elevator, petroleum, metal product, wire and cable, plastic and printing packaging and other fields.