Guangdong Paisheng Intelligent Technology Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 09:27 am EDT
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GuangDong PaiSheng Intelligent Technology Co.,Ltd announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,510.283 million compared to CNY 3,441.886 million a year ago. Operating loss was CNY 409.856 million compared to operating Income of CNY 494.706 million a year ago. Net loss was CNY 428.499 million compared to net income of CNY 369.645 million a year ago. Basic loss per share from continuing operations was CNY 1.1064 compared to basic earnings per share from continuing operations of CNY 0.9545 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 
