Zhejiang Jinlihua Electric Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 04:15 am EDT
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Zhejiang Jinlihua Electric Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 127.37 million compared to CNY 109.07 million a year ago. Revenue was CNY 127.37 million compared to CNY 109.07 million a year ago. Net loss was CNY 6.62 million compared to CNY 10.96 million a year ago. Basic loss per share from continuing operations was CNY 0.0566 compared to CNY 0.0937 a year ago. Diluted loss per share from continuing operations was CNY 0.0566 compared to CNY 0.0937 a year ago.
Jinlihua Electric Co Ltd, formerly Zhejiang Jinlihua Electric Co Ltd, is a China-based company principally engaged in the research, development, manufacture, sales of glass insulators, and provision of related technical services. The Companyâs main products include glass insulators for high-voltage, ultra high-voltage and special high-voltage alternating current (AC) and direct current (DC) electric power transmission and transformation lines, including standard type insulators, fog type suspension insulators, open air profile type suspension insulators, and cap and pin type suspension insulators, as well as ceramic insulators. The Companyâs products are mainly used in insulation and suspension wires of power transmission lines. In addition, the Company is also engaged in the operation of drama, television shows and movies through its subsidiaries.