Wuxi Xinje Electric Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 20, 2021
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WuXi Xinje Electric Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was CNY 308.268 million compared to CNY 164.912 million a year ago. Operating income was CNY 101.389 million compared to CNY 54.209 million a year ago. Net income was CNY 88.632 million compared to CNY 47.139 million a year ago. Basic earnings per share from continuing operations was CNY 0.63 compared to CNY 0.34 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.
WUXI XINJE ELECTRIC CO.,LTD. 
