Anhui Sinonet & Xinlong Science & Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 08:36 am EDT
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Anhui Sinonet & Xinlong Science & Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,467.302 million compared to CNY 1,211.439 million a year ago. Operating income was CNY 108.964 million compared to CNY 168.420 million a year ago. Net income was CNY 90.089 million compared to CNY 157.001 million a year ago. Basic earnings per share from continuing operations was CNY 0.1315 compared to CNY 0.2348 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.