Suzhou Industrial Park Heshun Electric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 26, 2022 at 08:20 am
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Suzhou Industrial Park Heshun Electric Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 311.79 million compared to CNY 514.45 million a year ago. Revenue was CNY 325.03 million compared to CNY 526.36 million a year ago. Net income was CNY 9 million compared to net loss of CNY 58.92 million a year ago. Basic earnings per share from continuing operations was CNY 0.04 compared to basic loss per share from continuing operations of CNY 0.23 a year ago. Diluted earnings per share from continuing operations was CNY 0.04 compared to diluted loss per share from continuing operations of CNY 0.23 a year ago.
Suzhou Industrial Park Heshun Electric Co., Ltd. is a China-based company principally engaged in the research, development, manufacture and sales of power transmission and distribution equipment and control equipment. The Company's main products include complete sets of electrical equipment, charging devices, anti electric larceny power metering devices and power quality improvement devices. The Company is also involved in the intelligent power distribution and photovoltaic engineering procurement construction (EPC) general contracting businesses, as well as the provision of integrated power application solutions. The Company operates its business mainly in domestic market, with East China as its main market.