Shijiazhuang Kelin Electric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 15, 2021 at 05:42 am
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Shijiazhuang Kelin Electric Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,753.241 million compared to CNY 1,427.649 million a year ago. Operating income was CNY 119.235 million compared to CNY 97.858 million a year ago. Net income was CNY 110.314 million compared to CNY 90.315 million a year ago. Basic earnings per share from continuing operations was CNY 0.68 compared to CNY 0.56 a year ago.
Shijiazhuang Kelin Electric Co., Ltd. is a China-based company principally engaged in intelligent grid business. The Company operates through two main segments. The Main Business segment is primarily involved in the research, manufacture and sales of electricity substation, electricity distribution and electricity utility equipment for intelligent grid, high-low voltage switchgears and equipment, photovoltaic distributed generation equipment and other equipment. The Other Business segment is mainly involved in the provision of technical services, disposition of industrial waste and building rental, among others.