Beijing Sifang Automation Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 03:59 am EDT
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Beijing Sifang Automation Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 1,069.32 million compared to CNY 806.69 million a year ago. Revenue was CNY 1,069.32 million compared to CNY 806.69 million a year ago. Net income was CNY 128.89 million compared to CNY 93.19 million a year ago. Basic earnings per share from continuing operations was CNY 0.1585 compared to CNY 0.1146 a year ago. Diluted earnings per share from continuing operations was CNY 0.1585 compared to CNY 0.1146 a year ago.
BEIJING SIFANG AUTOMATION CO., LTD is a China-based company, principally engaged in the design of products, development of industrial software, system integration and services in intelligent electricity generation, intelligent power transmission and distribution and intelligent transportation. The Company primarily provides relay protection and substation automation systems, including relay protection and automation equipment, and substation automation systems; power system security and stability monitoring and controlling systems, including dynamic security monitoring systems as well as security and stability controlling systems; power plant automation systems, including power plant electric automation systems; grid relay protection relay and fault information systems, dispatching automation systems, electrical/electronic products, as well as rail transportation automation systems. Its products are applied in electric power, petrochemical, railway, coal and metallurgy industries.
BEIJING SIFANG AUTOMATION CO.,LTD 
