Changshu Tianyin Electromechanical Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 08, 2021 at 08:22 am EDT
Share
Changshu Tianyin Electromechanical Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 898.386 million compared to CNY 945.337 million a year ago. Operating income was CNY 146.628 million compared to CNY 160.747 million a year ago. Net income was CNY 127.579 million compared to CNY 141.545 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.33 a year ago.
Changshu Tianyin Electromechanical Co., Ltd. is principally engaged in the research, development, production and distribution of refrigerator compressor parts and components. The Company mainly provides refrigerator compressor starters, including no-power consumption starters, unitary no-power consumption starters, positive temperature coefficient (PTC) starters, unitary mini PTC starters, hammer starters and others; thermal protectors, as well as compressor use plastic parts, including inspiration silencers, junction boxes and military information equipment, among others. The Company's products are mainly used in refrigerators, freezers and commercial refrigeration compressors, among others.
CHANGSHU TIANYIN ELECTROMECHANICAL CO.,LTD 
