Hefei Kewell Power System Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 24, 2022 at 06:17 am EDT
Share
Hefei Kewell Power System Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 59.37 million compared to CNY 36.93 million a year ago. Revenue was CNY 59.37 million compared to CNY 36.93 million a year ago. Net income was CNY 7.47 million compared to CNY 12.74 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.16 a year ago. Diluted earnings per share from continuing operations was CNY 0.09 compared to CNY 0.16 a year ago.
Kewell Technology Co Ltd, formerly Hefei Kewell Power System Co Ltd, is a company engaged in research, development, production and sales of power supplies and systems. The Company's products are comprised of high-power test power supplies, test systems and low-power test power supplies. Its high-power test power supplies products include simulated grid power supplies, photovoltaic array IV simulators and battery simulators. The test systems products include photovoltaic array IV curve testers, photovoltaic grid-connected inverter test systems and fuel cell engine test systems. The low-power test power supplies products include KDC high precision programmable DC power supplies. The Company's products are used in new energy power generation, electric vehicles, fuel cells and power devices.