East Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 26, 2021 at 05:52 am EDT
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East Group Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 2,703.02 million compared to CNY 2,936.38 million a year ago. Revenue was CNY 2,703.02 million compared to CNY 2,936.38 million a year ago. Net income was CNY 363.18 million compared to CNY 326.48 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.14 a year ago. Diluted earnings per share from continuing operations was CNY 0.16 compared to CNY 0.14 a year ago.
East Group Co Ltd is a China-based company principally engaged in the provision of integration solutions for photovoltaic products. The Company is involved in the research and development, manufacture and sales of power supplies, data centers, photovoltaic inverters, system integration solutions, as well as new energy vehicles and its charging facilities, among others. Photovoltaic inverters include grid-connected inverters and string inverters. New energy vehicles and charging facilities include purchased new energy vehicles, one-stop outdoor charging tanks, alternating current charging piles and direct current charging piles, among others. The Company operates businesses in domestic and overseas markets.