Svg Group Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 11:48 am EDT
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SVG Group Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 571.261 million compared to CNY 539.652 million a year ago. Operating income was CNY 15.917 million compared to CNY 39.649 million a year ago. Net income was CNY 13.642 million compared to CNY 34.635 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.15 a year ago.
SVG Tech Group Co Ltd is a China-based company principally engaged in the design, development and manufacture of micro- and nano-structured products and manufacturing equipment, as well as the provision of related technical research and development services. The Company's main products include public safety anti-counterfeiting materials, new display optical materials, medium and large-sized touch materials, new optical printing materials, as well as micro and nano equipment and automotive special decorative materials, such as the laser sign system equipment for automobile number platesâ production sequence numbers and the photolithography manufacturing equipment for micro- and nano-structured products. The Company distributes its products in the domestic market, with East China as its main market.