Eaglerise Electric & Electronic Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2021
April 20, 2022 at 08:35 am
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Eaglerise Electric & Electronic (China) Co., Ltd reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 2,205.41 million compared to CNY 1,396.28 million a year ago. Revenue was CNY 2,230.1 million compared to CNY 1,406.04 million a year ago. Net income was CNY 194.78 million compared to CNY 51.43 million a year ago. Basic earnings per share from continuing operations was CNY 0.66 compared to CNY 0.2 a year ago. Diluted earnings per share from continuing operations was CNY 0.66 compared to CNY 0.2 a year ago.
Eaglerise Electric & Electronic China Co Ltd is a China-based company principally engaged in the research, development, production and sales of power supplies and power component products. The Company's main business is the research and development, design, production and sales of transformers, power supplies and lighting products. The Company's products mainly include energy products, lighting products and other products, including new energy transformers, industrial control transformers, lighting power supplies, lighting fixtures, vehicle inductors, vehicle power supplies, energy storage devices, and charging piles, among others. The Company's products can be used in photovoltaic power generation, industrial control and lighting fields. The Company distributes its products within the domestic market and to overseas markets.