Shenzhen Honor Electronic Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 05:14 pm IST
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Shenzhen Honor Electronic Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,849.04 million compared to CNY 1,417.08 million a year ago. Revenue was CNY 1,849.04 million compared to CNY 1,417.08 million a year ago. Net income was CNY 104.56 million compared to CNY 132.52 million a year ago. Basic earnings per share from continuing operations was CNY 1.0332 compared to CNY 1.6836 a year ago. Diluted earnings per share from continuing operations was CNY 1.0332 compared to CNY 1.6836 a year ago.
Shenzhen Honor Electronic Co Ltd is a China-based company mainly engaged in the research, development, production and sales of switching power supply products. The Company's main products include power adapters and server power supplies. Its products are widely used in many fields such as office electronics, set-top boxes, network communications, security monitoring, audio, financial point of sale terminals, data centers, power tools, etc. The Company conducts its businesses within the domestic market and to overseas markets such as Singapore, Hong Kong, South Korea, Thailand, Vietnam, North America, South Africa and the European Union.