Suzhou Industrial Park Heshun Electric Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 02:03 pm IST
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Suzhou Industrial Park Heshun Electric Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 231.85 million compared to CNY 206.96 million a year ago. Revenue was CNY 231.85 million compared to CNY 206.96 million a year ago. Net income was CNY 0.989821 million compared to net loss of CNY 12.47 million a year ago. Basic earnings per share from continuing operations was CNY 0.0039 compared to basic loss per share from continuing operations of CNY 0.0491 a year ago. Diluted earnings per share from continuing operations was CNY 0.0039 compared to diluted loss per share from continuing operations of CNY 0.0491 a year ago.
Suzhou Industrial Park Heshun Electric Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of power transmission and distribution equipment and control equipment. The Company's main products include complete sets of electrical equipment, charging devices, anti electric larceny power metering devices and power quality improvement devices. The Company is also involved in the intelligent power distribution and photovoltaic engineering procurement construction (EPC) general contracting businesses, as well as the provision of integrated power application solutions. The Company operates its business mainly in domestic market, with East China as its main market.