Shijiazhuang Kelin Electric Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 01:46 pm IST
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Shijiazhuang Kelin Electric Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 319.57 million compared to CNY 223.05 million a year ago. Revenue was CNY 319.57 million compared to CNY 223.05 million a year ago. Net income was CNY 16.3 million compared to CNY 14.16 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.09 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.09 a year ago.
Shijiazhuang Kelin Electric Co., Ltd. is a China-based company principally engaged in intelligent grid business. The Company operates through two main segments. The Main Business segment is primarily involved in the research, manufacture and sales of electricity substation, electricity distribution and electricity utility equipment for intelligent grid, high-low voltage switchgears and equipment, photovoltaic distributed generation equipment and other equipment. The Other Business segment is mainly involved in the provision of technical services, disposition of industrial waste and building rental, among others.