Shanghai Moons' Electric Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 01:42 pm IST
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Shanghai MOONS' Electric Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,592.272 million compared to CNY 1,514.942 million a year ago. Operating income was CNY 165.045 million compared to CNY 143.291 million a year ago. Net income was CNY 141.877 million compared to CNY 128.533 million a year ago. Basic earnings per share from continuing operations was CNY 0.3411 compared to CNY 0.309 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.