Hubei Chutian Smart Communication Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 03:54 am EDT
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Hubei Chutian Smart Communication Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,921.535 million compared to CNY 2,197.650 million a year ago. Operating income was CNY 692.529 million compared to CNY 645.668 million a year ago. Net income was CNY 517.636 million compared to CNY 490.791 million a year ago. Basic earnings per share from continuing operations was CNY 0.3 compared to CNY 0.28 a year ago.
Hubei Chutian Smart Communication Co Ltd is a China-based company mainly engaged in road and bridge operations and intelligent technology. The Company operates its businesses through two segments. The Road and Bridge Operations segment is mainly engaged in the investment, construction and operation management of toll roads. The Intelligent Technology segment is mainly engaged in the operation of intelligent manufacturing and intelligent transportation businesses. Intelligent manufacturing is mainly engaged in the research and development of intelligent terminal products and software, hardware manufacturing and product sales. The intelligent transportation business mainly provides services such as overall research and development, manufacturing, integration, operation and maintenance of transportation-related software and hardware products. The Company mainly operates its businesses in the domestic market.