Shenzhen Longood Intelligent Electric Co.,LTD Reports Earnings Results for the Nine Months Ended September 30, 2021
October 27, 2021 at 06:04 am EDT
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Shenzhen Longood Intelligent Electric Co.,LTD reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 1,702.63 million compared to CNY 1,071.97 million a year ago. Revenue was CNY 1,702.63 million compared to CNY 1,071.97 million a year ago. Net income was CNY 111.29 million compared to CNY 86.96 million a year ago. Basic earnings per share from continuing operations was CNY 0.415 compared to CNY 0.3242 a year ago. Diluted earnings per share from continuing operations was CNY 0.379 compared to CNY 0.3242 a year ago.
Shenzhen Longood Intelligent Electric Co Ltd is a company mainly engaged in research, development, production and sales of intelligent controllers for electrical appliances. The Company's products include intelligent controllers for electrical appliances, intelligent power supplies and so on. The intelligent controllers for electrical appliances are applied in household appliances, electrical tools and robots. The intelligent power supplies products include power management systems, digital inverter power supplies and plant factory management systems. The Company also provides professional lithium battery product solutions through its subsidiary, such as portable energy storage power supplies. The products are mainly used in household appliances, power tools and electric bicycles.