Tianjin Keyvia Electric Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2019
August 26, 2019 at 11:46 am EDT
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Tianjin Keyvia Electric Co.,Ltd announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 792.350 million compared to CNY 617.800 million a year ago. Operating income was CNY 16.687 million compared to operating loss of CNY 21.024 million a year ago. Net income was CNY 10.389 million compared to net loss of CNY 20.799 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.08 a year ago.
Tianjin Keyvia Electric Co.,Ltd is a China-based company principally engaged in the research, development, production and sale of the core products of traction power supply systems and station monitoring systems of rail transit, as well as the consulting, design, installation, commissioning of traction power supply systems. The Company's main products include railway power supply automation systems, railway power dispatch systems, urban rail transit automation systems and rail transit power supply testing equipment. The Company also provides related technical consulting services. The Company distributes its products in domestic market and to overseas markets.