Jiangxi Hengda Hi-Tech Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:20 am EDT
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Jiangxi Hengda Hi-Tech Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 254.118 million compared to CNY 312.784 million a year ago. Operating income was CNY 37.046 million compared to CNY 92.597 million a year ago. Net income was CNY 34.032 million compared to CNY 83.285 million a year ago. Basic earnings per share from continuing operations was CNY 0.1134 compared to CNY 0.2753 a year ago.
JIANGXI HENGDA HI-TECH CO.,LTD. is a China-based company principally engaged in the manufacture of industrial anti-abrasion and anti-corrosion products, as well as the provision of technical services. The Company's main products and services include Hengda Supersonic (HDS) arc spraying products, flame spraying products, plasma spraying products, mold technology (MT) series wear-resistant ceramics, monomer casting (MC) series wear-resistant materials, hard surface surfacing repair products, cold metal transfer (CMT) welding products and environmental engineering. The Company distributes its products in domestic market.