Anhui Sinonet & Xinlong Science & Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 12:51 pm EDT
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Anhui Sinonet & Xinlong Science & Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 725.780 million compared to CNY 494.841 million a year ago. Operating income was CNY 52.462 million compared to CNY 38.877 million a year ago. Net income was CNY 45.962 million compared to CNY 39.295 million a year ago. Basic earnings per share from continuing operations was CNY 0.0687 compared to CNY 0.0588 a year ago.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD., formerly Anhui Xinlong Electrical Co., Ltd., is a China-based company, principally engaged in the manufacture and distribution of electric machines and equipment. The Company operates in three segments, including Electric Machines and Equipment Manufacturing, Professional Technological Services, as well as Software and Information Technology Services. The Company mainly provides public safety products, project construction and operation services, new energy products and power design and services. Its products are mainly applied in public security, military, municipal departments and business units, among others. The Company distributes its products primarily in domestic markets.
ANHUI SINONET & XINLONG SCIENCE & TECHNOLOGY CO., LTD. 
