Beijing Sifang Automation Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 18, 2021 at 03:04 pm IST
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Beijing Sifang Automation Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was CNY 3,863.193 million compared to CNY 3,681.198 million a year ago. Operating income was CNY 384.120 million compared to CNY 203.512 million a year ago. Net income was CNY 343.951 million compared to CNY 187.878 million a year ago. Basic earnings per share from continuing operations was CNY 0.43 compared to CNY 0.24 a year ago.
BEIJING SIFANG AUTOMATION CO., LTD is a China-based company, principally engaged in the design of products, development of industrial software, system integration and services in intelligent electricity generation, intelligent power transmission and distribution and intelligent transportation. The Company primarily provides relay protection and substation automation systems, including relay protection and automation equipment, and substation automation systems; power system security and stability monitoring and controlling systems, including dynamic security monitoring systems as well as security and stability controlling systems; power plant automation systems, including power plant electric automation systems; grid relay protection relay and fault information systems, dispatching automation systems, electrical/electronic products, as well as rail transportation automation systems. Its products are applied in electric power, petrochemical, railway, coal and metallurgy industries.