Jinpan International (JST) Reports Q4 EPS of $0.27

Go back to Jinpan International (JST) Reports Q4 EPS of $0.27

Jinpan International Reports Fourth Quarter and Full Year 2014 Financial Results

March 16, 2015 6:30 AM EDT

CARLSTADT, N.J., March 16, 2015 /PRNewswire/ -- Jinpan International Limited (Nasdaq: JST), a leading designer, manufacturer, and distributor of cast resin transformers, today reported unaudited consolidated financial results for the fourth quarter and full year ending December 31, 2014. 

Fourth Quarter 2014 Results

Net sales for the fourth quarter were $72.2 million, a 14.4% increase from $63.1 million in the same period last year.  The increase was driven by very strong growth in sales of our integrated products, including switchgear and unit substations, as we have leveraged our increased capacity to diversify our product portfolio and enter... More