Guangdong Shunna Electric Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 29, 2021 at 04:57 am EDT
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Guangdong Shunna Electric Co. Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 674.131 million compared to CNY 638.491 million a year ago. Operating income was CNY 20.421 million compared to CNY 3.566 million a year ago. Net income was CNY 9.571 million compared to CNY 14.175 million a year ago. Basic earnings per share from continuing operations was CNY 0.0139 compared to CNY 0.0205 a year ago.
Guangdong Shunna Electric Co., Ltd., formerly Guangdong Macro Co., Ltd., is a China-based company principally engaged in the manufacture and sale of power transmission and distribution equipment. The Company is also engaged in bulk trading and supply chain services for transmission and distribution products. The Company's power transmission and distribution equipment mainly include dry transformers, preinstalled substations, combined transformers, medium- and low-voltage switchgears and dry reactors, among others. The Company mainly conducts its business in the Chinese domestic market.