Shenzhen Auto Electric Power Plant Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 05:25 am EDT
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Shenzhen Auto Electric Power Plant Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 39.675 million compared to CNY 48.254 million a year ago. Operating loss was CNY 8.457 million compared to CNY 3.810 million a year ago. Net loss was CNY 6.078 million compared to CNY 2.008 million a year ago. Basic loss per share from continuing operations was CNY 0.0276 compared to CNY 0.0091 a year ago.
SHENZHEN AUTO ELECTRIC POWER PLANT CO., LTD. is a China-based company, principally engaged in engaged in the research and development, design, manufacture and sales of electric power automatic power supply equipment. The Company's principal products include electrical power dedicated direct current and alternating current integrated uninterruptible power supply (UPS) equipment, electric vehicle fast charging equipment and power quality control equipment. The Company also provides equipment operation and maintenance services. It distributes its products within domestic market and to overseas markets.