Guangdong Paisheng Intelligent Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 27, 2019 at 03:25 pm EDT
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Guangdong Paisheng Intelligent Technology Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was CNY 3,441.886 million compared to CNY 2,936.889 million a year ago. Operating income was CNY 494.706 million compared to CNY 650.516 million a year ago. Net income was CNY 369.645 million compared to CNY 491.155 million a year ago. Basic earnings per share from continuing operations was CNY 0.9545 compared to CNY 1.2682 a year ago.
GuangDong PaiSheng Intelligent Technology Co., Ltd., formerly GuangDong HongTeo Technology Co., Ltd., is a China-based company mainly engaged in aluminum alloy die-casting business and financial technology information service business. The Company has two main businesses. The aluminum die casting business is mainly engaged in the research, development, production and sales of aluminum alloy precision die castings and assemblies, which are applied in middle and high grade automobile engines, gearboxes and chassis. The financial technology information services business mainly includes inclusive finance, consumer finance and artificial intelligence systems. The Company operates its businesses in both domestic and overseas markets.
GUANGDONG PAISHENG INTELLIGENT TECHNOLOGY CO.,LTD 
