Acrel Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
July 30, 2021 at 04:16 am EDT
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Acrel Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 472.783 million compared to CNY 310.674 million a year ago. Operating income was CNY 103.983 million compared to CNY 74.273 million a year ago. Net income was CNY 93.284 million compared to CNY 67.285 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.33 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.