Polaris Bay Group Co.,Ltd. Reports Earnings Results for the Second Quarter Ended September 30, 2019
October 29, 2020 at 05:01 am EDT
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Polaris Bay Group Co.,Ltd. announced earnings results for the second quarter ended September 30, 2019. For the second quarter, the company announced For the half year, sales was CNY 165.402 million compared to CNY 100.370 million a year ago. Operating income was CNY 462.243 million compared to CNY 354.523 million a year ago. Net income was CNY 324.295 million compared to CNY 248.041 million a year ago. Basic earnings per share from continuing operations was CNY 0.19 compared to CNY 0.14 a year ago. Sales was CNY 122.558 million compared to CNY 22.071 million a year ago. Operating income was CNY 190.696 million compared to CNY 362.217 million a year ago. Net income was CNY 130.322 million compared to CNY 263.537 million a year ago. Basic earnings per share from continuing operations was CNY 0.07 compared to CNY 0.15 a year ago. Sales was CNY 191.028 million compared to CNY 81.891 million a year ago. Operating income was CNY 370.855 million compared to CNY 375.796 million a year ago. Net income was CNY 270.699 million compared to CNY 286.669 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.16 a year ago. Sales was CNY 251.539 million compared to CNY 165.402 million a year ago. Operating income was CNY 623.219 million compared to CNY 462.243 million a year ago. Net income was CNY 455.873 million compared to CNY 324.295 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.19 a year ago.
Huachuang Yunxin Digital Technology Co Ltd, formerly Polaris Bay Group Co Ltd, is a China-based company mainly engaged in the digital economy ecological operation service business and comprehensive financial service business. The digital economy ecological operation service business mainly provides supply chain, scene operation (such as scenic spots, hotels), industrial operation (such as liquor, tourism) and other digital economy ecological operation services. The comprehensive financial service business includes securities financial research, asset management, securities brokerage, proprietary investment, sponsorship and underwriting, financial consulting, private equity and debt investment and financing, comprehensive services for private equity funds, among others.