Jiangsu Yinhe Electronics Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 25, 2021 at 04:22 am EDT
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Jiangsu Yinhe Electronics Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,160.28 million compared to CNY 975.58 million a year ago. Revenue was CNY 1,160.28 million compared to CNY 975.58 million a year ago. Net loss was CNY 14.81 million compared to net income of CNY 168.54 million a year ago. Basic loss per share from continuing operations was CNY 0.0131 compared to basic earnings per share from continuing operations of CNY 0.1496 a year ago. Diluted loss per share from continuing operations was CNY 0.0131 compared to diluted earnings per share from continuing operations of CNY 0.1496 a year ago.
JIANGSU YINHE ELECTRONICS CO., LTD. is a China-based company, principally engaged in the manufacture and distribution of digital television (TV) terminals and electronic equipment structural parts. The Company operates its businesses through three segments. The Digital Television Intelligent Terminals segment consists of wired digital set top boxes (STBs), satellite digital STBs, wireless digital STBs, Internet digital STBs and other intelligent television terminals. The Intelligent Electromechanical Equipment segment is engaged in the provision of electromechanical equipment and services of intelligent management systems. The Key Parts of New Energy Electric Vehicles segment is engaged in the provision of charging points, mobile chargers and electric air conditioning systems, among others. It distributes its products in domestic market and to overseas markets.