Beijing Xinleineng Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 22, 2021 at 05:53 am EDT
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Beijing Xinleineng Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 283.001 million compared to CNY 100.400 million a year ago. Operating income was CNY 57.099 million compared to operating loss of CNY 3.555 million a year ago. Net income was CNY 51.182 million compared to CNY 3.976 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.02 a year ago.
Beijing Relpow Technology Co Ltd is a China-based company engaged in providing power supplies. The Company's products include modular power supplies, custom power supplies, high power supplies and power supply systems. The modular power supplies and customized power supplies are mainly used in aviation, aerospace, marine, railway, power and other areas that require high power supply reliability. The high power supplies and power supply systems are applied in a range of industries, such as communications, railways, ships, power and industrial control.