BanBao Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2021
October 29, 2021 at 04:33 am EDT
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BanBao Co., Ltd. reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 291.41 million compared to CNY 374.7 million a year ago. Revenue was CNY 291.41 million compared to CNY 374.7 million a year ago. Net income was CNY 32.35 million compared to CNY 36.45 million a year ago. Basic earnings per share from continuing operations was CNY 0.1 compared to CNY 0.12 a year ago. Diluted earnings per share from continuing operations was CNY 0.1 compared to CNY 0.12 a year ago.
Jiangxi Mubang Hi-Tech Co Ltd is a China-based company mainly engaged in the production and sales of monocrystalline silicon rods and silicon wafers. The Company operates primarily through two segments. The Photovoltaic Business segment is mainly engaged in the research and development, production and sales of photovoltaic silicon wafers and silicon rods. The Company's main photovoltaic products include monocrystalline silicon rods, monocrystalline silicon wafers, polycrystalline silicon ingots, polycrystalline silicon wafers and cells. The Toy Business segment is mainly engaged in the production and sales of popular science series, programming robot series, city series, infant series and intellectual property (IP) authorized plastic building block toys. The Company mainly conducts its businesses in domestic and overseas markets.