Hefei Kewell Power System Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
February 26, 2021 at 02:03 pm IST
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Hefei Kewell Power System Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 162.480 million compared to CNY 169.448 million a year ago. Operating income was CNY 54.931 million compared to CNY 68.051 million a year ago. Net income was CNY 54.034 million compared to CNY 61.629 million a year ago. Basic earnings per share from continuing operations was CNY 0.83 compared to CNY 1.03 a year ago.
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. 
