Henan Senyuan Electric Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 05:30 am EDT
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Henan Senyuan Electric Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,261.5 million compared to CNY 1,183.07 million a year ago. Revenue was CNY 1,261.5 million compared to CNY 1,183.07 million a year ago. Net loss was CNY 59.37 million compared to net income of CNY 20.45 million a year ago. Basic loss per share from continuing operations was CNY 0.0639 compared to basic earnings per share from continuing operations of CNY 0.022 a year ago. Diluted loss per share from continuing operations was CNY 0.0639 compared to diluted earnings per share from continuing operations of CNY 0.022 a year ago.
Henan Senyuan Electric Co., Ltd. is a China-based company, principally engaged in the development, manufacture and distribution of high- and low-voltage complete sets of electric devices and series components of high-voltage electric devices. The Company also provides high- and low-voltage switch components, power quality control equipment and new energy products. The Company's products are applied in State Grid, new energy, rail transportation, petrochemical, building materials, municipal, medical and health and metallurgical areas, among others. The Company distributes its products mainly within domestic markets.