Beijing Sifang Automation Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 04:12 am EDT
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Beijing Sifang Automation Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,401.479 million compared to CNY 1,384.950 million a year ago. Operating income was CNY 61.310 million compared to CNY 47.710 million a year ago. Net income was CNY 57.032 million compared to CNY 39.292 million a year ago. Basic earnings per share from continuing operations was CNY 0.0727 compared to CNY 0.0492 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 
