WuXi Xinje Electric Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
July 28, 2022 at 07:19 am EDT
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WuXi Xinje Electric Co.,Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 676.4 million compared to CNY 633.35 million a year ago. Revenue was CNY 677.48 million compared to CNY 633.88 million a year ago. Net income was CNY 135.65 million compared to CNY 155.38 million a year ago. Basic earnings per share from continuing operations was CNY 0.97 compared to CNY 1.11 a year ago. Diluted earnings per share from continuing operations was CNY 0.97 compared to CNY 1.11 a year ago.
WuXi Xinje Electric Co Ltd is a company engaged in research and development, production and sales of industrial automation control products. The Company's products are comprised of electrical control integrated applications and electrical control systems which include programmable controllers, human-machine interfaces, drive systems and machine vision. Its products are used in packaging machinery, computer numerical control (CNC) machine tools, glass machinery and woodworking machinery.