Shenzhen Tongye Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 19, 2021 at 08:48 am EDT
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Shenzhen Tongye Technology Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 124.364 million compared to CNY 133.963 million a year ago. Operating income was CNY 11.063 million compared to CNY 31.109 million a year ago. Net income was CNY 9.036 million compared to CNY 26.464 million a year ago. Basic earnings per share from continuing operations was CNY 0.1009 compared to CNY 0.3446 a year ago.
Shenzhen Tongye Technology Co Ltd is a China-based company engaged in the research, development, production, sales and maintenance services of electrical products for rail transit rolling stock. The Company's main products include the sale of power products, intelligent control products, motors and fans, and related accessories. It provides customers with overhaul services for the electrical equipment of rail transit vehicles. The Company's main products include the sale of power products, intelligent control products, motors and fans, and related accessories. The Company also provides customers with overhaul services for the electrical equipment of rail transit vehicles. The Company's products are widely used in high-speed rail, urban rail vehicles, locomotives, and new energy products at home and abroad.