Wuxi Xinje Electric Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 13, 2021 at 05:55 am EDT
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WuXi Xinje Electric Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 633.879 million compared to CNY 496.812 million a year ago. Operating income was CNY 174.715 million compared to CNY 166.203 million a year ago. Net income was CNY 155.379 million compared to CNY 143.189 million a year ago. Basic earnings per share from continuing operations was CNY 1.11 compared to CNY 1.02 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.