Tianjin Keyvia Electric Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 25, 2020 at 07:08 am EDT
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Tianjin Keyvia Electric Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 643.627 million compared to CNY 792.350 million a year ago. Operating loss was CNY 1.437 million compared to operating Income of CNY 16.687 million a year ago. Net loss was CNY 1.910 million compared to net income of CNY 10.389 million a year ago. Basic loss per share from continuing operations was CNY 0.01 compared to basic earnings per share from continuing operations of CNY 0.04 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.