Longshine Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 07:14 am EDT
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Longshine Technology Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,283.792 million compared to CNY 1,392.446 million a year ago. Operating income was CNY 593.005 million compared to CNY 31.648 million a year ago. Net income was CNY 594.830 million compared to CNY 27.764 million a year ago. Basic earnings per share from continuing operations was CNY 1.463 compared to CNY 0.0683 a year ago. Diluted earnings per share from continuing operations was CNY 1.4552 compared to CNY 0.0683 a year ago.
Longshine Technology Group Co Ltd is a China-based company mainly engaged in providing energy technology services. The Company operates three segments. Energy Digitalization Business segment is engaged in software service businesses such as electricity and gas business, industrial Internet, and digital cities. Internet Television (TV) Business segment is engaged in new TV operations and technical services, as well as Internet TV smart terminal business. Energy Internet segment is engaged in Internet operations and technical services such as Internet life payment, new circuit aggregation charging, car energy road cloud, and virtual power plant, among others. The Company mainly conducts businesses within the domestic market.