Acrel Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 05:25 am EDT
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Acrel Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 207.09 million compared to CNY 200.35 million a year ago. Revenue was CNY 207.09 million compared to CNY 200.35 million a year ago. Net income was CNY 31.53 million compared to CNY 30.8 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.15 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.15 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. 
