Wuxi Nce Power Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 03:14 pm EDT
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Wuxi NCE Power Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 954.988 million compared to CNY 772.536 million a year ago. Operating income was CNY 157.655 million compared to CNY 110.570 million a year ago. Net income was CNY 139.354 million compared to CNY 98.209 million a year ago. Basic earnings per share from continuing operations was CNY 1.69 compared to CNY 1.29 a year ago.
Wuxi Nce Power Co Ltd is a China-based company mainly engaged in the research, development, design and sales of metal-oxide-semiconductor field-effect transistor (MOSFET), insulated gate bipolar transistor (IGBT) and other semiconductor chips and power devices. The Company's products include chips and power devices. Its products are used in consumer electronics, automotive electronics, industrial electronics, new energy vehicles, charging piles, smart equipment manufacturing, Internet of things and photovoltaic new energy. The Company conducts its businesses within the China market and to overseas markets.
WUXI NCE POWER CO.,LTD. 
