Hengbao Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 04:08 pm EDT
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Hengbao Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 652.945 million compared to CNY 896.715 million a year ago. Operating income was CNY 54.280 million compared to CNY 92.603 million a year ago. Net income was CNY 47.589 million compared to CNY 87.741 million a year ago. Basic earnings per share from continuing operations was CNY 0.068 compared to CNY 0.123 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.