Hangzhou Weiguang Electronic Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 26, 2021 at 02:40 pm IST
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Hangzhou Weiguang Electronic Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 52,440.66 compared to CNY 35,930.25 a year ago. Operating income was CNY 11,934.27 compared to CNY 11,129.64 a year ago. Net income was CNY 10,301.47 compared to CNY 9,618.59 a year ago. Basic earnings per share from continuing operations was CNY 0.45 compared to CNY 0.42 a year ago.
HANGZHOU WEIGUANG ELECTRONIC CO.,LTD. is a China-based company principally engaged in the development, manufacture and sales of micro-motors and draught fans. The main products of the Company include cooler motors, outer-rotor blowers and Electronically Commutated Motors (ECMs). The Companyâs products are mainly applied in Heating, Ventilation and Air Conditioning (HVAC), freezers, industrial cooling machines, industrial air conditioners, cold driers, fresh air systems and air purifiers, among others. The Company distributes its products in domestic market and to overseas markets.