Beijing SOJO Electric Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 02:14 pm IST
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Beijing SOJO Electric Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 780.29 million compared to CNY 911.45 million a year ago. Revenue was CNY 780.29 million compared to CNY 911.45 million a year ago. Net income was CNY 3.24 million compared to CNY 30.89 million a year ago. Basic earnings per share from continuing operations was CNY 0.0047 compared to CNY 0.0527 a year ago. Diluted earnings per share from continuing operations was CNY 0.0047 compared to CNY 0.0527 a year ago.
Beijing Sojo Electric Co Ltd is a China-based company principally engaged in the research, development and sales of power transmission and distribution equipment. The main products of the smart electrical business are power transmission and distribution equipment and control systems below 40.5kV, including ring main units, pole-mounted switches, complete sets of high and low voltage switch cabinets, a full range of low voltage switch cabinets, power quality management and other products, and a full range of 110kV and below Transformers, prefabricated and box-type substations, distribution network automation monitoring systems and other distribution automation products. The smart energy business is mainly engaged in photovoltaic engineering, procurement and construction (EPC) business, energy storage business, electricity sales business, power operation and maintenance business and wind power and other new energy businesses.