Suzhou Secote Precision Electronic Co.,LTD Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 01:26 pm IST
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Suzhou Secote Precision Electronic Co.,LTD reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,652.36 million compared to CNY 1,217.97 million a year ago. Revenue was CNY 1,652.36 million compared to CNY 1,217.97 million a year ago. Net income was CNY 155.96 million compared to CNY 149.36 million a year ago. Basic earnings per share from continuing operations was CNY 0.86 compared to CNY 0.85 a year ago. Diluted earnings per share from continuing operations was CNY 0.86 compared to CNY 0.84 a year ago.
Suzhou Secote Precision Electronic Co Ltd is a company engaged in research and development, design, production and sales of intelligent manufacturing equipment and provision of related technical services. The Company's products are mainly comprised of automated equipment, fixtures and jigs, including small size tag labeling machines, bearing pressing equipment, automatic footwear glue pressing machines and so on. The products are used in a range of areas, including the new energy vehicle, semiconductor, lithium battery and consumer electronic, such as smartphones, tablets and laptops.