Inventronics Hangzhou, Inc. Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 05:38 pm IST
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Inventronics Hangzhou, Inc. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 662.056 million compared to CNY 410.010 million a year ago. Operating income was CNY 107.310 million compared to CNY 50.022 million a year ago. Net income was CNY 81.835 million compared to CNY 39.624 million a year ago. Basic earnings per share from continuing operations was CNY 0.28 compared to CNY 0.21 a year ago.
Inventronics Hangzhou Inc is a company mainly engaged in research and development, production and sales of light-emitting diode (LED) drive power supplies, and provision of related technical services. The Company's primary products are medium and high-power LED drive power supplies, which are used in road lighting, industrial lighting, landscape lighting and other fields. Its LED products include the LED outdoor drive, LED indoor drive, LED industrial drive and switching power supply lamp. The Company sells its products to both domestic and international markets, including North America, the Middle East, Africa, India and other countries and regions.