Wuxi Xinje Electric Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 04:01 am EDT
Share
WuXi Xinje Electric Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 810.995 million compared to CNY 464.343 million a year ago. Operating income was CNY 283.147 million compared to CNY 132.144 million a year ago. Net income was CNY 246.437 million compared to CNY 115.912 million a year ago. Basic earnings per share from continuing operations was CNY 1.75 compared to CNY 0.82 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. 
