Inspec Inc. announced consolidated and non- consolidated earnings results for the year ended April 2019. For the year, on consolidated basis, the company announced net sales of CNY 2,847 million compared to CNY 1,920 million a year ago. Operating income was CNY 316 million compared to loss of CNY 256 million a year ago. Net income attributable to owners of parent was CNY 222 million compared to loss of CNY 463 million a year ago. Net income per share was CNY 67.37 compared to net loss per share of CNY 143.61 a year ago.

For the year, on non-consolidated basis, the company announced net sales of CNY 2,287 million compared to CNY 1,346 million a year ago. Operating income was CNY 328 million compared to loss of CNY 19 million a year ago. Net income was CNY 265 million compared to loss of CNY 543 million a year ago. Net income per share was CNY 80.66 compared to net loss per share of CNY 168.46 a year ago.

The company provided consolidated earnings guidance for the year ending April 2020. For the year, the company expected net sales of CNY 3,150 million, operating income of CNY 300 million, net income of CNY 240 million or CNY 72.69 per share.