Sichuan Injet Electric Stock Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 08:40 am EDT
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Sichuan Injet Electric Stock Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 284.031 million compared to CNY 337.135 million a year ago. Operating income was CNY 78.806 million compared to CNY 101.662 million a year ago. Net income was CNY 67.241 million compared to CNY 87.631 million a year ago. Basic earnings per share from continuing operations was CNY 0.74 compared to CNY 1.23 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.