China Xd Electric Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 04:28 am EDT
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China XD Electric Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 7,575.295 million compared to CNY 6,029.721 million a year ago. Operating income was CNY 296.705 million compared to CNY 181.681 million a year ago. Net income was CNY 243.307 million compared to CNY 117.644 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.02 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.