Shanghai Cooltech Power 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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Shanghai Cooltech Power Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 429.650 million compared to CNY 334.962 million a year ago. Operating income was CNY 5.382 million compared to operating loss of CNY 19.533 million a year ago. Net income was CNY 9.163 million compared to net loss of CNY 14.102 million a year ago. Basic earnings per share from continuing operations was CNY 0.0286 compared to basic loss per share from continuing operations of CNY 0.0441 a year ago.
SHANGHAI COOLTECH POWER CO.,LTD is a China-based company principally engaged in the development, design, manufacture and distribution of intelligent environmental protection power supply equipment. The Company mainly operates through three segments. Intelligent Environmental Protection Power Supply Equipment segment is mainly involved in the development, design, manufacture and sale of intelligent protection power supply equipment, as well as provides pre-sales and after-sale services, such as technology consulting, training, installation and maintenance. New Energy Vehicle segment provides lithium-ion power battery systems for the manufactures of whole vehicles. Energy Saving and Environmental Protection segment primarily provides environmentally friendly low-noise diesel generator sets. The Company distributes its products in East China and South China, as well as Asia market.