Hefei Kewell Power System Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 25, 2021 at 02:29 pm IST
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Hefei Kewell Power System Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 36.926 million compared to CNY 13.989 million a year ago. Operating income was CNY 12.396 million compared to CNY 127,185.8 a year ago. Net income was CNY 12.741 million compared to net loss of CNY 1,220.76 a year ago. Basic earnings per share from continuing operations was CNY 0.16.
Kewell Technology Co Ltd, formerly Hefei Kewell Power System Co Ltd, is a company engaged in research, development, production and sales of power supplies and systems. The Company's products are comprised of high-power test power supplies, test systems and low-power test power supplies. Its high-power test power supplies products include simulated grid power supplies, photovoltaic array IV simulators and battery simulators. The test systems products include photovoltaic array IV curve testers, photovoltaic grid-connected inverter test systems and fuel cell engine test systems. The low-power test power supplies products include KDC high precision programmable DC power supplies. The Company's products are used in new energy power generation, electric vehicles, fuel cells and power devices.
HEFEI KEWELL POWER SYSTEM CO.,LTD. 
