Hengbao Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 27, 2019 at 04:13 am EDT
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Hengbao Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,000.538 million compared to CNY 1,217.988 million a year ago. Operating income was CNY 64.303 million compared to CNY 120.557 million a year ago. Net income was CNY 65.121 million compared to CNY 111.617 million a year ago. Basic earnings per share from continuing operations was CNY 0.092 compared to CNY 0.157 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.