Sunwoda Electronic Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 12:05 pm EDT
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Sunwoda Electronic Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 25,240.657 million compared to CNY 20,338.301 million a year ago. Operating income was CNY 809.237 million compared to CNY 782.089 million a year ago. Net income was CNY 750.965 million compared to CNY 701.443 million a year ago. Basic earnings per share from continuing operations was CNY 0.49 compared to CNY 0.48 a year ago. Diluted earnings per share from continuing operations was CNY 0.49 compared to CNY 0.47 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.