Rendong Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 24, 2019 at 05:29 pm EDT
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Rendong Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 315.702 million compared to CNY 239.018 million a year ago. Operating income was CNY 17.794 million compared to CNY 11.542 million a year ago. Net income was CNY 8.409 million compared to CNY 4.623 million a year ago. Basic earnings per share from continuing operations was CNY 0.015 compared to CNY 0.0083 a year ago.
RENDONG HOLDINGS CO., LTD., formerly MESON FINTECH CO., LTD., is a China-based company principally engaged in third-party payment business. The Third-party Payment businesses include the development, operation and maintenance of payment system and clearing platform system, transaction funds settlement, user audit as well as the generation and management of Unionpay card acceptance terminal master key. The Commercial Factoring businesses include factoring business (non-bank finance category) and supply chain management consulting business. The Supply Chain Management businesses include supply chain management and supply chain financial services. In addition, The Company is also engaged in Internet microcredit business, financial leasing and relevant factoring business. The Company mainly operates its business in the domestic market.
RENDONG HOLDINGS CO., LTD. 