Changshu Tianyin Electromechanical Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 09, 2021 at 06:40 am EDT
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Changshu Tianyin Electromechanical Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 488.804 million compared to CNY 371.946 million a year ago. Operating income was CNY 68.811 million compared to CNY 55.460 million a year ago. Net income was CNY 63.469 million compared to CNY 51.766 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.12 a year ago.
Changshu Tianyin Electromechanical Co., Ltd. is principally engaged in the research, development, production and distribution of refrigerator compressor parts and components. The Company mainly provides refrigerator compressor starters, including no-power consumption starters, unitary no-power consumption starters, positive temperature coefficient (PTC) starters, unitary mini PTC starters, hammer starters and others; thermal protectors, as well as compressor use plastic parts, including inspiration silencers, junction boxes and military information equipment, among others. The Company's products are mainly used in refrigerators, freezers and commercial refrigeration compressors, among others.
CHANGSHU TIANYIN ELECTROMECHANICAL CO.,LTD 
