Sunrise Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 05:19 am EDT
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Sunrise Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 213.507 million compared to CNY 153.001 million a year ago. Operating income was CNY 70.498 million compared to CNY 58.844 million a year ago. Net income was CNY 61.049 million compared to CNY 49.614 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.1 a year ago.
Hangzhou Sunrise Technology Co., Ltd. is a China-based company engaged in the research, development, manufacture and sale of electricity energy measurement instrumentation and power information collection system products. The Companyâs products consist of three-phase power meters, including three-phase intelligent power meters and three-phase electronic power meters; single-phase power meters, including single-phase intelligent power meters and single-phase electronic power meters, and power information collection system products, including special and distribution transformer acquisition terminals, concentrators, as well as meter software and others. The Company distributes its products within domestic market and to overseas markets.