Beijing SOJO Electric Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2021
August 27, 2021 at 08:34 am EDT
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Beijing SOJO Electric Co., Ltd. announced earnings results for the half year ended June 30, 2021. For the half year, the company announced sales was CNY 505.085 million compared to CNY 545.307 million a year ago. Operating income was CNY 9.953 million compared to CNY 7.239 million a year ago. Net income was CNY 11.434 million compared to CNY 11.025 million a year ago. Basic earnings per share from continuing operations was CNY 0.0168 compared to CNY 0.0188 a year ago.
Beijing Sojo Electric Co Ltd is a China-based company principally engaged in the research, development and sales of power transmission and distribution equipment. The main products of the smart electrical business are power transmission and distribution equipment and control systems below 40.5kV, including ring main units, pole-mounted switches, complete sets of high and low voltage switch cabinets, a full range of low voltage switch cabinets, power quality management and other products, and a full range of 110kV and below Transformers, prefabricated and box-type substations, distribution network automation monitoring systems and other distribution automation products. The smart energy business is mainly engaged in photovoltaic engineering, procurement and construction (EPC) business, energy storage business, electricity sales business, power operation and maintenance business and wind power and other new energy businesses.