Beijing Sifang Automation Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 06:29 am EDT
Share
Beijing Sifang Automation Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 806.690 million compared to CNY 336.116 million a year ago. Operating income was CNY 111.699 million compared to operating loss of CNY 61.059 million a year ago. Net income was CNY 93.191 million compared to net loss of CNY 61.049 million a year ago. Basic earnings per share from continuing operations was CNY 0.1146 compared to basic loss per share from continuing operations of CNY 0.0777 a year ago.
BEIJING SIFANG AUTOMATION CO., LTD is a China-based company, principally engaged in the design of products, development of industrial software, system integration and services in intelligent electricity generation, intelligent power transmission and distribution and intelligent transportation. The Company primarily provides relay protection and substation automation systems, including relay protection and automation equipment, and substation automation systems; power system security and stability monitoring and controlling systems, including dynamic security monitoring systems as well as security and stability controlling systems; power plant automation systems, including power plant electric automation systems; grid relay protection relay and fault information systems, dispatching automation systems, electrical/electronic products, as well as rail transportation automation systems. Its products are applied in electric power, petrochemical, railway, coal and metallurgy industries.
BEIJING SIFANG AUTOMATION CO.,LTD 
