Beijing Sifang Automation Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:33 am EDT
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Beijing Sifang Automation Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,726.604 million compared to CNY 2,227.608 million a year ago. Operating income was CNY 280.403 million compared to CNY 139.690 million a year ago. Net income was CNY 243.622 million compared to CNY 118.281 million a year ago. Basic earnings per share from continuing operations was CNY 0.3109 compared to CNY 0.1484 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 
