Longshine Technology Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 01, 2020 at 08:12 am EDT
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Longshine Technology Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 2,968.330 million compared to CNY 2,671.680 million a year ago. Operating income was CNY 1,134.458 million compared to CNY 337.513 million a year ago. Net income was CNY 1,020.167 million compared to CNY 187.391 million a year ago. Basic earnings per share from continuing operations was CNY 1.7805 compared to CNY 0.404 a year ago. Diluted earnings per share from continuing operations was CNY 1.7678 compared to CNY 0.4034 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.