Shanghai Moons' Electric Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 27, 2019 at 11:10 pm IST
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Shanghai MOONS' Electric Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 976.055 million compared to CNY 893.221 million a year ago. Operating income was CNY 81.102 million compared to CNY 91.025 million a year ago. Net income was CNY 75.494 million compared to CNY 78.834 million a year ago. Basic earnings per share from continuing operations was CNY 0.1815 compared to CNY 0.2346 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.