Shandong Kehui Power Automation Co.Ltd(688681) : in 2021, the revenue was about 369 million yuan, with a year-on-year increase of 10.93%

Shandong Kehui Power Automation Co.Ltd(688681) on February 25, the performance express for 2021 was released. In 2021, the operating revenue was about 369 million yuan, a year-on-year increase of 10.93%; The net profit attributable to the owners of the parent company is about 54 million yuan.

The company said that the main reason for the performance change was that during the reporting period, the downstream customers of switched reluctance motor drive system, such as forging machinery, textile machinery and other industries, had a high prosperity, had a strong demand for switched reluctance motor drive system, and the revenue increased significantly compared with the same period of last year, which increased the company’s operating revenue. In addition, during the reporting period, the company continued to increase R & D investment and sales promotion.

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