Shenzhen V&T Technologies Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 24, 2021 at 07:20 am EDT
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Shenzhen V&T Technologies Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 253.292 million compared to CNY 187.789 million a year ago. Operating income was CNY 44.633 million compared to CNY 40.681 million a year ago. Net income was CNY 31.387 million compared to CNY 28.521 million a year ago. Basic earnings per share from continuing operations was CNY 0.1509 compared to CNY 0.1371 a year ago.
Shenzhen V&T Technologies Co., Ltd. is a China-based company principally engaged in the research and development, manufacture and sale of industrial automation control products. The Companyâs main products consist of electric vehicle motor controllers, middle- and low-voltage inverters and servo drivers. The Companyâs products are mainly applied in various industries, such as new energy vehicle, crane, air compressor, machine tool, printing and packaging, metallurgy, oil, injection molding machine and press-casting machine. The Company distributes its products mainly in domestic market.