Nancal Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 06:24 am EDT
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Nancal Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 520.221 million compared to CNY 269.237 million a year ago. Operating income was CNY 71.145 million compared to CNY 19.427 million a year ago. Net income was CNY 55.694 million compared to CNY 18.060 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.16 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.