Acrel Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 21, 2021 at 03:45 am EDT
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Acrel Co.,Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 738.77 million compared to CNY 523.24 million a year ago. Revenue was CNY 738.77 million compared to CNY 523.24 million a year ago. Net income was CNY 135.86 million compared to CNY 112.31 million a year ago. Basic earnings per share from continuing operations was CNY 0.67 compared to CNY 0.55 a year ago. Diluted earnings per share from continuing operations was CNY 0.67 compared to CNY 0.55 a year ago.
Shanghai Acrel Co., Ltd. is a China-based integrator of point data services. The Company's main products include power monitoring systems and products, power management systems and products, electrical safety systems and products and power sensors. The Company's products are mainly used in mining, buildings, hotel apartments, municipal engineering, logistics warehousing, medical and health and rail transportation. The Company distributes its products mainly in domestic market, with Shanghai, Jiangsu Province and Shandong Province as its main markets.
ACREL CO.,LTD. 
