Hexing Electrical Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 04:11 am EDT
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Hexing Electrical Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 1,275.767 million compared to CNY 1,374.282 million a year ago. Operating income was CNY 257.654 million compared to CNY 318.788 million a year ago. Net income was CNY 239.643 million compared to CNY 280.691 million a year ago. Basic earnings per share from continuing operations was CNY 0.49 compared to CNY 0.57 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 Company's 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. 
