Guangdong Shunna Electric Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 15, 2021 at 05:21 am EDT
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Guangdong Shunna Electric Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 340.169 million compared to CNY 249.237 million a year ago. Operating income was CNY 8.375 million compared to operating loss of CNY 93,556.79 a year ago. Net income was CNY 3.388 million compared to CNY 724,153.78 a year ago. Basic earnings per share from continuing operations was CNY 0.0049 compared to CNY 0.001 a year ago.
Guangdong Shunna Electric Co., Ltd., formerly Guangdong Macro Co., Ltd., is a China-based company principally engaged in the manufacture and sale of power transmission and distribution equipment. The Company is also engaged in bulk trading and supply chain services for transmission and distribution products. The Company's power transmission and distribution equipment mainly include dry transformers, preinstalled substations, combined transformers, medium- and low-voltage switchgears and dry reactors, among others. The Company mainly conducts its business in the Chinese domestic market.
GUANGDONG SHUNNA ELECTRIC CO., LTD 
