Svg Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 09:06 am EDT
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SVG Group Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 933.376 million compared to CNY 858.631 million a year ago. Operating income was CNY 36.105 million compared to CNY 70.650 million a year ago. Net income was CNY 33.770 million compared to CNY 60.606 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.27 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.