Acrel Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 03:49 am EDT
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Acrel Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 200.353 million compared to CNY 113.026 million a year ago. Operating income was CNY 35.218 million compared to CNY 20.120 million a year ago. Net income was CNY 30.801 million compared to CNY 18.966 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.09 a year ago.
Shanghai Acrel Co., Ltd. is a China-based integrator of point data services. The Company's main products include power monitoring systems and products, power management systems and products, electrical safety systems and products and power sensors. The Company's products are mainly used in mining, buildings, hotel apartments, municipal engineering, logistics warehousing, medical and health and rail transportation. The Company distributes its products mainly in domestic market, with Shanghai, Jiangsu Province and Shandong Province as its main markets.
ACREL CO.,LTD. 
