Shijiazhuang Kelin Electric Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 01:25 pm IST
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Shijiazhuang Kelin Electric Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 683.689 million compared to CNY 507.233 million a year ago. Operating income was CNY 84.987 million compared to CNY 36.539 million a year ago. Net income was CNY 79.145 million compared to CNY 32.931 million a year ago. Basic earnings per share from continuing operations was CNY 0.49 compared to CNY 0.2 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.