Hengbao Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 05, 2021 at 04:12 am EDT
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Hengbao Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 1,049.571 million compared to CNY 1,535.467 million a year ago. Operating loss was CNY 36.573 million compared to operating Income of CNY 90.970 million a year ago. Net loss was CNY 1.092 million compared to net income of CNY 86.769 million 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.