Acrel Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 07:48 am EDT
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Acrel Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 718.747 million compared to CNY 600.208 million a year ago. Operating income was CNY 130.257 million compared to CNY 118.582 million a year ago. Net income was CNY 121.439 million compared to CNY 113.273 million a year ago. Basic earnings per share from continuing operations was CNY 0.6 compared to CNY 0.54 a year ago. Diluted earnings per share from continuing operations was CNY 0.59 compared to CNY 0.54 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. 
