Sunfly Intelligent Technology Co., LTD Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 05:59 am EDT
Share
Sunfly Intelligent Technology Co., LTD reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,861.84 million compared to CNY 3,011.93 million a year ago. Revenue was CNY 1,861.84 million compared to CNY 3,011.93 million a year ago. Net income was CNY 178.21 million compared to CNY 455.01 million a year ago. Basic earnings per share from continuing operations was CNY 0.36 compared to CNY 0.92 a year ago. Diluted earnings per share from continuing operations was CNY 0.36 compared to CNY 0.91 a year ago.
Sunfly Intelligent Technology Co Ltd, formerly Shandong Luyitong Intelligent Electric Plc, is a China-based company engaged in electrical equipment business, light-emitting diode (LED) lighting business, smart community business and public security business. Its electrical equipment business mainly includes the production and sales of high and low voltage complete equipment and intelligent box-type substations, bus ducts, cable trays and others. The LED lighting business mainly includes LED lighting fixtures, urban lighting engineering, LED display and others. Smart community business mainly includes services such as centralized community management platform, smart community, Smart Life cloud platform and smart power distribution system. Public security business mainly includes video surveillance, smart communities, smart case handling, smart transportation, smart supervision and others. The Company mainly conducts its businesses in the China market.