Motic Xiamen Electric Group Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 08:08 am EDT
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Motic Xiamen Electric Group Co.,Ltd announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 628.638 million compared to CNY 479.507 million a year ago. Operating income was CNY 101.298 million compared to CNY 58.960 million a year ago. Net income was CNY 71.733 million compared to CNY 43.845 million a year ago. Basic earnings per share from continuing operations was CNY 0.1406 compared to CNY 0.0859 a year ago.
Motic (Xiamen) Electric Group Co Ltd is principally engaged in the research, development, production and distribution of epoxy insulation components. The Company primarily provides insulators, insulating poles, solid sealed pole pillars, as well as other insulation products used in electrical industry. The Company's products include mid voltage series, high voltage series and ultrahigh voltage series. The Company is also engaged in the research, development, production and distribution of optical microscopes, digital microscopes, microscopic image integration system products. The Company mainly provides products for ABB, Schneider, Siemens and Beijing Beikai Electric Co., Ltd, among others.
MOTIC (XIAMEN) ELECTRIC GROUP CO.,LTD 
