Suzhou Electrical Apparatus Science Academy Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 04:35 pm IST
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Suzhou Electrical Apparatus Science Academy Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 183.240 million compared to CNY 96.094 million a year ago. Operating income was CNY 26.769 million compared to operating loss of CNY 49.076 million a year ago. Net income was CNY 22.328 million compared to net loss of CNY 43.329 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.06 a year ago.
Suzhou Electrical Apparatus Science Academy Co., Ltd. is a China-based company principally engaged in provision of technology services for electrical apparatus testing. The Company operates through two main segments. The Professional Technological Services segment is primarily involved in provision of low-voltage electrical apparatus testing services, high-voltage electrical apparatus testing services, environmental testing services and certification services. The Other Business segment is mainly involved in the research, development, construction, manufacture, sales and operation of testing software and systems, as well as provision of testing technological advisory services.