Shanghai Cooltech Power Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 26, 2022 at 07:42 am EDT
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Shanghai Cooltech Power Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 867.38 million compared to CNY 635.33 million a year ago. Revenue was CNY 952.95 million compared to CNY 702.13 million a year ago. Net income was CNY 8.44 million compared to net loss of CNY 170.45 million a year ago. Basic earnings per share from continuing operations was CNY 0.0264 compared to basic loss per share from continuing operations of CNY 0.5327 a year ago. Diluted earnings per share from continuing operations was CNY 0.0264 compared to diluted loss per share from continuing operations of CNY 0.5327 a year ago.
SHANGHAI COOLTECH POWER CO.,LTD is a China-based company principally engaged in the development, design, manufacture and distribution of intelligent environmental protection power supply equipment. The Company mainly operates through three segments. Intelligent Environmental Protection Power Supply Equipment segment is mainly involved in the development, design, manufacture and sale of intelligent protection power supply equipment, as well as provides pre-sales and after-sale services, such as technology consulting, training, installation and maintenance. New Energy Vehicle segment provides lithium-ion power battery systems for the manufactures of whole vehicles. Energy Saving and Environmental Protection segment primarily provides environmentally friendly low-noise diesel generator sets. The Company distributes its products in East China and South China, as well as Asia market.
SHANGHAI COOLTECH POWER CO., LTD. 
