Sichuan Injet Electric Stock Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 07:44 am EDT
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Sichuan Injet Electric Stock Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 187.976 million compared to CNY 236.552 million a year ago. Operating income was CNY 51.181 million compared to CNY 71.680 million a year ago. Net income was CNY 43.502 million compared to CNY 61.809 million a year ago. Basic earnings per share from continuing operations was CNY 0.48 compared to CNY 0.87 a year ago.
Sichuan Injet Electric Co., Ltd. is a China-based company mainly engaged in industrial power supply business. The Company's business includes research, development, manufacturing and sales of industrial power equipment represented by power control power supplies and special power supplies. The Company's main products include series power controllers, ingot furnace power supplies, reduction furnace power systems, single crystal furnace direct current power supplies, sapphire furnace power supplies, power adjustment systems for glass fiberglass furnaces, charging power supplies, induction heating power supplies, motor soft start systems, programmable logic controller system, etc. The Company mainly operates its business in the domestic market.