Sinostar Cable Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 13, 2021 at 05:04 pm IST
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Sinostar Cable Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,176.176 million compared to CNY 895.250 million a year ago. Operating income was CNY 44.394 million compared to CNY 41.854 million a year ago. Net income was CNY 42.252 million compared to CNY 39.126 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.11 a year ago.
Sinostar Cable Co Ltd is a China-based company principally engaged in the research and development, production and sales of wires and cables and cable accessories. The Company's main products are 110kV and below power cables, 750kV and below bare wires, wires and cables for electrical equipment and cable accessories. The Company's specific products include power cables (high, medium and low voltage), overhead conductors, overhead insulated cables, rail transit cables, wind energy cables, halogen-free PV cables for photovoltaic systems, mining cables, marine cables, computer cables, control cables, various types of fire-resistant and flame-retardant cables, household appliances wires, civil wires and other wires and cables, as well as 110kV and below cold-shrinkable and heat-shrinkable cable accessories, plug-in parts and power cable protective drive pipes. The Company mainly distributes its products in the domestic market.
SINOSTAR CABLE CO., LTD 
