Zhongyeda Electric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 19, 2022 at 04:26 am EDT
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Zhongyeda Electric Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 12,558.34 million compared to CNY 10,741.25 million a year ago. Revenue was CNY 12,558.34 million compared to CNY 10,741.25 million a year ago. Net income was CNY 415.58 million compared to CNY 261.07 million a year ago. Basic earnings per share from continuing operations was CNY 0.76 compared to CNY 0.48 a year ago. Diluted earnings per share from continuing operations was CNY 0.76 compared to CNY 0.48 a year ago.
ZHONGYEDA ELECTRIC CO., LTD is a China-based distributor of industrial electrical products. The Company operates its businesses through the wholesale of energy, materials and mechano-electronic equipment, and electric equipment and machinery manufacturing business. The Company's products include low-voltage electrical products, medium voltage electrical products, industrial control products and others. The Company also provides system integration and sets manufacturing. The Company distributes its products within domestic market and to overseas markets.
ZHONGYEDA ELECTRIC CO., LTD. 
