Qingdao Tgood Electric Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 02:29 pm IST
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Qingdao TGOOD Electric Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 3,391.094 million compared to CNY 2,646.196 million a year ago. Operating loss was CNY 62.078 million compared to CNY 56.724 million a year ago. Net income was CNY 21.516 million compared to CNY 11.978 million a year ago. Basic earnings per share from continuing operations was CNY 0.02 compared to CNY 0.01 a year ago.
Qingdao TGOOD Electric Co., Ltd. is a China-based company principally engaged in the research, development, design, manufacture and sale of unit power transformation and distribution products. The Companyâs main products include outdoor box electrical power equipment and indoor switch cabinets. The Company's products are mainly applied in railway, electrical power and coal industries. The Company is also involved in photovoltaic power generation project Engineering Procurement Construction (EPC), the manufacture and sale of new energy vehicle charging and replacement equipment and related products, the construction and operation of new energy vehicle charging stations, finance leasing and solid heat storage businesses.