Shenzhen Sinexcel Electric Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 27, 2022 at 06:36 am
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Shenzhen Sinexcel Electric Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 237.56 million compared to CNY 181.27 million a year ago. Revenue was CNY 237.56 million compared to CNY 181.27 million a year ago. Net income was CNY 22.97 million compared to CNY 29.28 million a year ago. Basic earnings per share from continuing operations was CNY 0.1119 compared to CNY 0.1426 a year ago. Diluted earnings per share from continuing operations was CNY 0.1119 compared to CNY 0.1426 a year ago.
Shenzhen Sinexcel Electric Co Ltd is a company mainly engaged in research, development, production and sales of power electronic equipment and provision of related services. The Company's primary products include power quality equipment, such as active power filters and inverters; electric vehicle charging equipment, such as alternating current (AC) charging piles; new energy conversion equipment, such as energy storage converters; battery formation and testing equipment, such as lithium battery series battery formation and testing equipment; industrial power supply, such as laser power supply. The products are used in the fields of petroleum mining, rail transit, communications and automobile manufacturing.
SHENZHEN SINEXCEL ELECTRIC CO.,LTD. 
