Shijiazhuang Kelin Electric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 09:10 am
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Shijiazhuang Kelin Electric Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 223.053 million compared to CNY 127.545 million a year ago. Operating income was CNY 18.020 million compared to CNY 482,352.89 a year ago. Net income was CNY 14.155 million compared to CNY 35,227.92 a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.0002 a year ago.
Shijiazhuang Kelin Electric Co., Ltd. is a China-based company principally engaged in intelligent grid business. The Company operates through two main segments. The Main Business segment is primarily involved in the research, manufacture and sales of electricity substation, electricity distribution and electricity utility equipment for intelligent grid, high-low voltage switchgears and equipment, photovoltaic distributed generation equipment and other equipment. The Other Business segment is mainly involved in the provision of technical services, disposition of industrial waste and building rental, among others.