Shanghai Moons' Electric Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 04:15 pm IST
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Shanghai MOONS' Electric Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,514.942 million compared to CNY 1,404.132 million a year ago. Operating income was CNY 143.291 million compared to CNY 146.950 million a year ago. Net income was CNY 128.533 million compared to CNY 127.527 million a year ago. Basic earnings per share from continuing operations was CNY 0.309 compared to CNY 0.3516 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.