Hengbao Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 10:09 am EDT
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Hengbao Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 196.699 million compared to CNY 179.054 million a year ago. Operating income was CNY 3.383 million compared to operating loss of CNY 9.639 million a year ago. Net income was CNY 2.355 million compared to net loss of CNY 10.979 million a year ago. Basic earnings per share from continuing operations was CNY 0.0034 compared to basic loss per share from continuing operations of CNY 0.0158 a year ago.
Hengbao Co., LTD. is a China-based company, principally engaged in the manufacture and distribution of various card products. The Company's businesses and products include financial integrated circuit (IC) cards, citizen cards, social security cards, health cards, communication and Internet of things connection products, intelligent terminal products and security products, among others. The Company is also engaged in the provision of notes, modules and software products. The Company conducts its businesses within domestic market and to overseas markets.
HENGBAO CO.,LTD. 
