Jiusheng Electric Co., LTD Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 25, 2021 at 06:09 pm IST
Share
Jiusheng Electric Co., LTD reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was CNY 559.52 million compared to CNY 346.35 million a year ago. Revenue was CNY 559.52 million compared to CNY 346.35 million a year ago. Net income was CNY 28.92 million compared to CNY 20.24 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.17 a year ago. Diluted earnings per share from continuing operations was CNY 0.2 compared to CNY 0.17 a year ago.
For the nine months, sales was CNY 1,419 million compared to CNY 864.17 million a year ago. Revenue was CNY 1,419 million compared to CNY 864.17 million a year ago. Net income was CNY 69.67 million compared to CNY 53.33 million a year ago. Basic earnings per share from continuing operations was CNY 0.57 compared to CNY 0.44 a year ago. Diluted earnings per share from continuing operations was CNY 0.57 compared to CNY 0.44 a year ago.
Jiusheng Electric Co Ltd is a China-based company mainly engaged in the research, development, production, sales and service of fire-proof special cables and power cables. The Company's products include cables for electrical equipment, power cables and heating cables. The cables for electrical equipment mainly include fire-proof special cables, such as mineral insulated cables, inorganic mineral insulated metal sheathed cables, and plastic insulated cables.