Banbao Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 04:23 am EDT
Share
BanBao Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 374.698 million compared to CNY 395.600 million a year ago. Operating income was CNY 44.189 million compared to CNY 72.641 million a year ago. Net income was CNY 36.453 million compared to CNY 61.772 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.27 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.
MUBANG HIGH-TECH CO.,LTD. 
