Wuxi Nce Power Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
September 14, 2020 at 12:21 pm EDT
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Wuxi NCE Power Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 384.283 million compared to CNY 328.348 million a year ago. Operating income was CNY 62.270 million compared to CNY 42.279 million a year ago. Net income was CNY 55.338 million compared to CNY 37.431 million a year ago. Basic earnings per share from continuing operations was CNY 0.73 compared to CNY 0.49 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. 
