Sunrise Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 06:51 pm IST
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Sunrise Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 153.001 million compared to CNY 166.084 million a year ago. Operating income was CNY 58.844 million compared to CNY 45.791 million a year ago. Net income was CNY 49.614 million compared to CNY 38.640 million a year ago. Basic earnings per share from continuing operations was CNY 0.13 compared to CNY 0.09 a year ago.
Hangzhou Sunrise Technology Co., Ltd. is a China-based company engaged in the research, development, manufacture and sale of electricity energy measurement instrumentation and power information collection system products. The Companyâs products consist of three-phase power meters, including three-phase intelligent power meters and three-phase electronic power meters; single-phase power meters, including single-phase intelligent power meters and single-phase electronic power meters, and power information collection system products, including special and distribution transformer acquisition terminals, concentrators, as well as meter software and others. The Company distributes its products within domestic market and to overseas markets.
HANGZHOU SUNRISE TECHNOLOGY CO.,LTD. 
