Sunny Loan Top Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 03, 2020 at 06:48 am EDT
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Sunny Loan Top Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 293.213 million compared to CNY 701.307 million a year ago. Operating income was CNY 35.419 million compared to CNY 41.717 million a year ago. Net income was CNY 26.677 million compared to CNY 30.752 million a year ago. Basic earnings per share from continuing operations was CNY 0.059 compared to CNY 0.068 a year ago.
Sunny Loan Top Co Ltd is a China-based company mainly engaged in pawn, guarantee, financial leasing, special assets and quasi-financial investment businesses. The pawn business is mainly engaged in pledging or mortgaging its movable properties, real estate, and property rights to the pawn company as pawn materials and obtaining the pawn money. The guarantee business is mainly engaged in non-financing guarantee business and financing guarantee business. The financial leasing business is mainly engaged in financial leasing. The quasi-financial investment business is mainly engaged in indirect capital income business, capital market investment business and other equity investment businesses. The special assets business is mainly engaged in the acquisition of debt asset packages held by local AMC companies or other private entities through indirect acquisitions through the establishment of partnerships, direct participation in public auction acquisitions, or direct agreement transfers.
SUNNY LOAN TOP CO.,LTD. 
