Chang Lan Electric Technology Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 16, 2021
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Chang Lan Electric Technology Co.,Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was CNY 490.444 million compared to CNY 420.541 million a year ago. Operating income was CNY 99.814 million compared to CNY 89.820 million a year ago. Net income was CNY 89.341 million compared to CNY 79.879 million a year ago. Basic earnings per share from continuing operations was CNY 0.5 compared to CNY 0.44 a year ago.
Chang Lan Technology Group Co Ltd, formerly Chang Lan Electric Technology Co Ltd, is a China-based company principally involved in the research, development, manufacture, sales and service-providing of power cable accessories and auxiliary products. The Company operates through two main segments. The Main Business segment is primarily engaged in the sales and manufacture of cable accessories and complete sets of products. The Other Business segment is principally engaged in the sales of cables and scraps. The Companyâs main products include ultra-high voltage cable accessories, high voltage cable accessories, medium and low voltage cables accessories and other products.