Guangdong Shunna Electric Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 03:57 am EDT
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Guangdong Shunna Electric Co., Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,035.88 million compared to CNY 1,065.43 million a year ago. Revenue was CNY 1,035.88 million compared to CNY 1,065.43 million a year ago. Net loss was CNY 5.59 million compared to net income of CNY 16.84 million a year ago. Basic loss per share from continuing operations was CNY 0.0081 compared to basic earnings per share from continuing operations of CNY 0.0244 a year ago. Diluted loss per share from continuing operations was CNY 0.0081 compared to diluted earnings per share from continuing operations of CNY 0.0244 a year ago.
Guangdong Shunna Electric Co., Ltd., formerly Guangdong Macro Co., Ltd., is a China-based company principally engaged in the manufacture and sale of power transmission and distribution equipment. The Company is also engaged in bulk trading and supply chain services for transmission and distribution products. The Company's power transmission and distribution equipment mainly include dry transformers, preinstalled substations, combined transformers, medium- and low-voltage switchgears and dry reactors, among others. The Company mainly conducts its business in the Chinese domestic market.