Shanghai Moons' Electric Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 29, 2020 at 11:41 pm IST
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Shanghai MOONS' Electric Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,057.974 million compared to CNY 1,894.048 million a year ago. Operating income was CNY 192.658 million compared to CNY 191.609 million a year ago. Net income was CNY 174.644 million compared to CNY 166.857 million a year ago. Basic earnings per share from continuing operations was CNY 0.4198 compared to CNY 0.4345 a year ago.
Shanghai Moons' Electric Co Ltd is a China-based company principally engaged in the research, development, manufacturing and sales of control components and related integrated products for information technology fields. The Company's main products include control motors and their drive systems, light-emitting diode (LED) control and drive products, equipment status management systems and power supply control products, among others. It is also involved in the trading business of Panasonic relays. The Company conducts its businesses in domestic and overseas markets.
SHANGHAI MOONS' ELECTRIC CO., LTD. 
