Beijing Sojo Electric Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 15, 2020 at 05:01 am EDT
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Beijing SOJO Electric Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 911.452 million compared to CNY 1,240.547 million a year ago. Operating income was CNY 30.611 million compared to CNY 38.616 million a year ago. Net income was CNY 30.894 million compared to CNY 51.893 million a year ago. Basic earnings per share from continuing operations was CNY 0.0527 compared to CNY 0.0883 a year ago.
Beijing Sojo Electric Co Ltd is a China-based company principally engaged in the research, development and sales of power transmission and distribution equipment. The main products of the smart electrical business are power transmission and distribution equipment and control systems below 40.5kV, including ring main units, pole-mounted switches, complete sets of high and low voltage switch cabinets, a full range of low voltage switch cabinets, power quality management and other products, and a full range of 110kV and below Transformers, prefabricated and box-type substations, distribution network automation monitoring systems and other distribution automation products. The smart energy business is mainly engaged in photovoltaic engineering, procurement and construction (EPC) business, energy storage business, electricity sales business, power operation and maintenance business and wind power and other new energy businesses.
BEIJING SOJO ELECTRIC CO., LTD. 
