Zhongyeda Electric Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:51 am EDT
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Zhongyeda Electric Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 9,263.74 million compared to CNY 7,642.08 million a year ago. Revenue was CNY 9,263.74 million compared to CNY 7,642.08 million a year ago. Net income was CNY 318.79 million compared to CNY 263.08 million a year ago. Basic earnings per share from continuing operations was CNY 0.59 compared to CNY 0.48 a year ago. Diluted earnings per share from continuing operations was CNY 0.59 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.