Shijiazhuang Kelin Electric Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 17, 2020 at 02:48 pm IST
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Shijiazhuang Kelin Electric Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 507.233 million compared to CNY 492.449 million a year ago. Operating income was CNY 36.539 million compared to CNY 28.181 million a year ago. Net income was CNY 32.931 million compared to CNY 26.193 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.16 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.