Rendong Holdings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 05:37 am EDT
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Rendong Holdings Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 924.439 million compared to CNY 996.668 million a year ago. Operating income was CNY 70.331 million compared to CNY 54.079 million a year ago. Net income was CNY 49.262 million compared to CNY 29.735 million a year ago. Basic earnings per share from continuing operations was CNY 0.088 compared to CNY 0.0531 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. 
