Shaanxi Baoguang Vacuum Electric Device Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:57 am EDT
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Shaanxi Baoguang Vacuum Electric Device Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 612.482 million compared to CNY 684.325 million a year ago. Operating income was CNY 34.802 million compared to CNY 40.995 million a year ago. Net income was CNY 30.611 million compared to CNY 35.655 million a year ago. Basic earnings per share from continuing operations was CNY 0.0927 compared to CNY 0.108 a year ago.
Shaanxi Baoguang Vacuum Electric Device Co Ltd, formerly Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd, is a China-based company mainly engaged in the research and development, manufacturing and sales of vacuum interrupter products. The Company is mainly engaged in five businesses. The electronic device business is engaged in the production of electric vacuum devices such as vacuum interrupters, solid-sealed poles, phase columns and solar collector tubes. The electrical accessories business is engaged in the production of operating mechanisms, other electrical accessories, arc interrupter spare parts and other products. The electronic ceramics business is engaged in the production of electric vacuum ceramics. The international business is engaged in the export of vacuum interrupters, solid-sealed pole products, metallized porcelain shells and electrical accessories. The new energy business is engaged in the business of energy storage, hydrogen energy and solar collector tubes.