China XD Electric Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:37 pm EDT
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China XD Electric Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 3,104.818 million compared to CNY 2,440.377 million a year ago. Operating income was CNY 111.432 million compared to CNY 50.797 million a year ago. Net income was CNY 88.462 million compared to CNY 31.735 million a year ago. Basic earnings per share from continuing operations was CNY 0.017 compared to CNY 0.006 a year ago.
CHINA XD ELECTRIC CO., LTD. is a China-based company principally engaged in the design, research, development, manufacture and distribution of power transmission, distribution and control equipments. The Companyâs primary products include switches, transformers, electric reactors, insulators, lightening conductors, capacitors, as well as electrical and electronic products. The Company is also involved in related engineering, trading, research, development and testing businesses. It operates its businesses mainly in domestic and overseas markets.
CHINA XD ELECTRIC CO., LTD 
