Hexing Electrical Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 03:46 pm EDT
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Hexing Electrical Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,954.172 million compared to CNY 2,552.901 million a year ago. Operating income was CNY 575.427 million compared to CNY 371.598 million a year ago. Net income was CNY 500.474 million compared to CNY 329.919 million a year ago. Basic earnings per share from continuing operations was CNY 1.03 compared to CNY 0.68 a year ago.
HEXING ELECTRICAL CO., LTD. is a China-based company principally engaged in the research, design, manufacture and distribution of electric metering products, intelligent power distribution system and software, as well as the provision of intelligent power distribution system solutions. The Companyâs products and services include intelligent electrical products, including single-phase smart meters, three-phase smart meters, high end metering products and digital display meters, overall solutions for power distribution, power cloud services, construction and operation of power grid infrastructure. The Company distributes its products within domestic market and to overseas markets.
HEXING ELECTRICAL CO.,LTD. 
