Hexing Electrical Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 05:52 am EDT
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Hexing Electrical Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 1,092.884 million compared to CNY 1,275.767 million a year ago. Operating income was CNY 167.558 million compared to CNY 257.654 million a year ago. Net income was CNY 154.805 million compared to CNY 239.643 million a year ago. Basic earnings per share from continuing operations was CNY 0.32 compared to CNY 0.49 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. 
