Shenzhen Sinexcel Electric Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 05:01 pm IST
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Shenzhen Sinexcel Electric Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 658.04 million compared to CNY 486.78 million a year ago. Revenue was CNY 658.04 million compared to CNY 486.78 million a year ago. Net income was CNY 79.03 million compared to CNY 69.16 million a year ago. Basic earnings per share from continuing operations was CNY 0.385 compared to CNY 0.3369 a year ago. Diluted earnings per share from continuing operations was CNY 0.385 compared to CNY 0.3369 a year ago.
Shenzhen Sinexcel Electric Co Ltd is a company mainly engaged in research, development, production and sales of power electronic equipment and provision of related services. The Company's primary products include power quality equipment, such as active power filters and inverters; electric vehicle charging equipment, such as alternating current (AC) charging piles; new energy conversion equipment, such as energy storage converters; battery formation and testing equipment, such as lithium battery series battery formation and testing equipment; industrial power supply, such as laser power supply. The products are used in the fields of petroleum mining, rail transit, communications and automobile manufacturing.