Moso Power Supply Technology Co.,Ltd Announces Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 08:49 pm IST
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Moso Power Supply Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 332.011 million compared to CNY 202.641 million a year ago. Operating income was CNY 11.057 million compared to CNY 7.842 million a year ago. Net income was CNY 9.024 million compared to CNY 7.425 million a year ago. Basic earnings per share from continuing operations was CNY 0.0329 compared to CNY 0.0271 a year ago.
Moso Power Supply Technology Co.,Ltd is a China-based company principally engaged in the research, development, manufacture and sale of computers, telecommunications and other electronic equipment. The Company's main products include Step & Servo Power Supply (SPS) switching power supplies, light emitting diode (LED) driver power supplies, circuit boards and inverters. Through its subsidiaries, the Company is also involved in the investment and construction of new energy photovoltaic power plants, as well as the operation of new energy vehicle charging business. The Company distributes its products in domestic market and to overseas market.