Sunwoda Electronic Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 08:17 am EDT
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Sunwoda Electronic Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 29,692.307 million compared to CNY 25,240.657 million a year ago. Operating income was CNY 977.330 million compared to CNY 809.237 million a year ago. Net income was CNY 801.955 million compared to CNY 750.965 million a year ago. Basic earnings per share from continuing operations was CNY 0.52 compared to CNY 0.49 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.