Jiangsu Yinhe Electronics Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 02, 2021 at 06:48 am EST
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Jiangsu Yinhe Electronics Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,497.083 million compared to CNY 1,200.337 million a year ago. Operating income was CNY 199.948 million compared to CNY 172.875 million a year ago. Net income was CNY 170.204 million compared to CNY 152.753 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.14 a year ago.
JIANGSU YINHE ELECTRONICS CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of digital television (TV) terminals and electronic equipment structural parts. The Company operates its businesses through three segments. The Digital Television Intelligent Terminals segment consists of wired digital set top boxes (STBs), satellite digital STBs, wireless digital STBs, Internet digital STBs and other intelligent television terminals. The Intelligent Electromechanical Equipment segment is engaged in the provision of electromechanical equipment and services of intelligent management systems. The Key Parts of New Energy Electric Vehicles segment is engaged in the provision of charging points, mobile chargers and electric air conditioning systems, among others. It distributes its products in domestic market and to overseas markets.