Shaanxi Baoguang Vacuum Electric Device Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:11 pm EDT
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Shaanxi Baoguang Vacuum Electric Device Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 206.767 million compared to CNY 169.234 million a year ago. Operating income was CNY 7.732 million compared to CNY 4.882 million a year ago. Net income was CNY 6.682 million compared to CNY 3.634 million a year ago. Basic earnings per share from continuing operations was CNY 0.0202 compared to CNY 0.011 a year ago.
Shaanxi Baoguang Vacuum Electric Device Co Ltd, formerly Shaanxi Baoguang Vacuum Electronic Apparatus Co Ltd, is a China-based company mainly engaged in the research and development, manufacturing and sales of vacuum interrupter products. The Company is mainly engaged in five businesses. The electronic device business is engaged in the production of electric vacuum devices such as vacuum interrupters, solid-sealed poles, phase columns and solar collector tubes. The electrical accessories business is engaged in the production of operating mechanisms, other electrical accessories, arc interrupter spare parts and other products. The electronic ceramics business is engaged in the production of electric vacuum ceramics. The international business is engaged in the export of vacuum interrupters, solid-sealed pole products, metallized porcelain shells and electrical accessories. The new energy business is engaged in the business of energy storage, hydrogen energy and solar collector tubes.