Rendong Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 27, 2020 at 07:13 am EDT
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Rendong Holdings Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,830.818 million compared to CNY 1,485.929 million a year ago. Operating income was CNY 48.531 million compared to CNY 87.335 million a year ago. Net income was CNY 29.899 million compared to CNY 52.986 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.09 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. 
