Shenzhen Sinexcel Electric Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 25, 2021 at 07:42 am EDT
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Shenzhen Sinexcel Electric Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 389.490 million compared to CNY 285.759 million a year ago. Operating income was CNY 55.828 million compared to CNY 50.690 million a year ago. Net income was CNY 50.054 million compared to CNY 44.405 million a year ago. Basic earnings per share from continuing operations was CNY 0.2438 compared to CNY 0.2163 a year ago.
Shenzhen Sinexcel Electric Co Ltd is a company mainly engaged in research, development, production and sales of power electronic equipment and provision of related services. The Company's primary products include power quality equipment, such as active power filters and inverters; electric vehicle charging equipment, such as alternating current (AC) charging piles; new energy conversion equipment, such as energy storage converters; battery formation and testing equipment, such as lithium battery series battery formation and testing equipment; industrial power supply, such as laser power supply. The products are used in the fields of petroleum mining, rail transit, communications and automobile manufacturing.
SHENZHEN SINEXCEL ELECTRIC CO.,LTD. 
