Hengbao Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 01:29 pm EDT
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Hengbao Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,535.467 million compared to CNY 1,690.305 million a year ago. Operating income was CNY 90.970 million compared to CNY 158.505 million a year ago. Net income was CNY 86.769 million compared to CNY 145.493 million a year ago. Basic earnings per share from continuing operations was CNY 0.124 compared to CNY 0.205 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.