Jiangsu Xiuqiang Glasswork Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 06, 2020 at 06:35 am EDT
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Jiangsu Xiuqiang Glasswork Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 534.612 million compared to CNY 678.630 million a year ago. Operating income was CNY 65.345 million compared to CNY 88.083 million a year ago. Net income was CNY 57.161 million compared to CNY 76.451 million a year ago. Basic earnings per share from continuing operations was CNY 0.0924 compared to CNY 0.1289 a year ago.
Jiangsu Xiuqiang Glasswork Co., Ltd. is a China-based company principally engaged in the deep processing of glass and operation, management of kindergartens. The Company operates through two main segments. The Deep Processing of Glass segment is mainly involved in the research, development, manufacture and sales of deep processing glass products which include appliance glass, household glass, photovoltaic glass and cover plate glass of display screens. The Operation and Management of Kindergartens segment is mainly involved in the acquisition of kindergartens and provision of integrated solution plans for kindergartens.