Hexing Electrical Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:03 am EDT
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Hexing Electrical Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 1,982.803 million compared to CNY 1,990.138 million a year ago. Operating income was CNY 427.110 million compared to CNY 437.684 million a year ago. Net income was CNY 389.793 million compared to CNY 370.968 million a year ago. Basic earnings per share from continuing operations was CNY 0.79 compared to CNY 0.76 a year ago.
HEXING ELECTRICAL CO., LTD. is a China-based company principally engaged in the research, design, manufacture and distribution of electric metering products, intelligent power distribution system and software, as well as the provision of intelligent power distribution system solutions. The Companyâs products and services include intelligent electrical products, including single-phase smart meters, three-phase smart meters, high end metering products and digital display meters, overall solutions for power distribution, power cloud services, construction and operation of power grid infrastructure. The Company distributes its products within domestic market and to overseas markets.
HEXING ELECTRICAL CO.,LTD. 
