Guangzhou Baiyun Electric Equipment Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 27, 2021 at 11:36 pm
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Guangzhou Baiyun Electric Equipment Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,028.376 million compared to CNY 2,860.963 million a year ago. Operating income was CNY 109.867 million compared to CNY 182.325 million a year ago. Net income was CNY 94.173 million compared to CNY 159.239 million a year ago. Basic earnings per share from continuing operations was CNY 0.213 compared to CNY 0.356 a year ago.
Guangzhou Baiyun Electric Equipment Co., Ltd. is a China-based company, which is engaged in the research and development, manufacturing, sale and services of complete switchgear control equipment. The Company's products are divided into four categories, including low voltage switchgear equipment, medium voltage switchgear equipment, related electric power electronics products and gas-insulated metal-enclosed switchgears (GIS). Medium and low switchgear equipment used in the power distribution area is the Company's major product. The Company's products are widely used in the fields of metallurgy, oil, petrochemical, paper, automobiles and other industrial enterprises, rail transportation, airports, exhibitions and cultural and sports venues, hospitals, schools and other public facilities, as well as all types of power plants and power grid companies and other distribution facilities.
GUANGZHOU BAIYUN ELECTRIC EQUIPMENT CO., LTD. 