Nancal Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 01:40 pm EDT
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Nancal Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 161.596 million compared to CNY 85.647 million a year ago. Operating income was CNY 18.371 million compared to CNY 10.665 million a year ago. Net income was CNY 17.142 million compared to CNY 9.224 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.08 a year ago.
Nancal Technology Co., Ltd. is a China-based company mainly engaged in intelligent business. The Company's main business includes intelligent manufacturing and intelligent electrical. Intelligent manufacturing business mainly provides overall solution services to manufacturing enterprises in the fields of aerospace, aerospace, weapons, high-tech electronics, etc., which can be divided into software systems and services, digital production line construction and services, and test bench construction and services. Intelligent electrical business can be divided into industrial electrical products and systems, charging power products and systems, power quality products and systems, and energy management systems. The Company operates its businesses in both domestic and overseas markets.
NANCAL TECHNOLOGY CO.,LTD 
