Suwen Electric Energy Technology Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
April 24, 2022 at 03:41 am EDT
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Suwen Electric Energy Technology Co.,Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was CNY 1,855.02 million compared to CNY 1,367.91 million a year ago. Revenue was CNY 1,855.92 million compared to CNY 1,368.82 million a year ago. Net income was CNY 301.15 million compared to CNY 237.46 million a year ago. Basic earnings per share from continuing operations was CNY 2.34 compared to CNY 2.26 a year ago. Diluted earnings per share from continuing operations was CNY 2.34 compared to CNY 2.26 a year ago.
Suwen Electric Energy Technology Co Ltd is a China-based company principally engaged in power consulting and design businesses. The Company operates its businesses through four segments. The Power Consulting and Design Businesses include power grid consulting and design business and distribution network consulting and design business. Power Engineering Construction Businesses include the general contracting of 220kV and below voltage level engineering, the 110kV and below voltage level power transmission and transformation engineering contracting, and the power supply construction and installation businesses. Power Equipment Supply Businesses include the production and sales of high and low voltage complete sets of equipment and intelligent monitoring devices. Intelligent Electricity Service Businesses include integrated operation services of online and offline power supply systems, such as online monitoring, energy-saving transformation and offline operation and maintenance.