Sunwoda Electronic Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 01:21 pm EDT
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Sunwoda Electronic Co.,Ltd announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 4,683.306 million compared to CNY 3,534.840 million a year ago. Operating income was CNY 156.098 million compared to CNY 122.801 million a year ago. Net income was CNY 133.640 million compared to CNY 115.271 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.09 a year ago.
SUNWODA ELECTRONIC CO., LTD is a China-based company principally engaged in the development, design, production and sale of lithium ion battery modules. The Company operates through two main segments: Industrial Manufacturing segment and Inspection Services segment. The Companyâs lithium ion battery modules include mobile phone and digital series, motor vehicle and power series, precise structural parts series, power management series, laptop series, lithium ion cells, energy storage systems, intelligent hardware series, intelligent manufacture series and others.