Wuxi Xinje Electric Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 14, 2020 at 03:46 am EDT
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WuXi Xinje Electric Co.,Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 496.812 million compared to CNY 305.678 million a year ago. Operating income was CNY 166.203 million compared to CNY 81.852 million a year ago. Net income was CNY 143.189 million compared to CNY 71.933 million a year ago. Basic earnings per share from continuing operations was CNY 1.02 compared to CNY 0.51 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. 
