Zhejiang Jinlihua Electric Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 26, 2021 at 09:30 am EDT
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Zhejiang Jinlihua Electric Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 83.490 million compared to CNY 75.543 million a year ago. Operating income was CNY 404,391.25 compared to operating loss of CNY 6.649 million a year ago. Net income was CNY 493,722.75 compared to net loss of CNY 6.855 million a year ago. Basic earnings per share from continuing operations was CNY 0.0042 compared to basic loss per share from continuing operations of CNY 0.0586 a year ago.
Jinlihua Electric Co Ltd, formerly Zhejiang Jinlihua Electric Co Ltd, is a China-based company principally engaged in the research, development, manufacture, sales of glass insulators, and provision of related technical services. The Companyâs main products include glass insulators for high-voltage, ultra high-voltage and special high-voltage alternating current (AC) and direct current (DC) electric power transmission and transformation lines, including standard type insulators, fog type suspension insulators, open air profile type suspension insulators, and cap and pin type suspension insulators, as well as ceramic insulators. The Companyâs products are mainly used in insulation and suspension wires of power transmission lines. In addition, the Company is also engaged in the operation of drama, television shows and movies through its subsidiaries.
JINLIHUA ELECTRIC CO., LTD. 
