Harbin High-Tech Group Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:53 am EDT
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Harbin High-Tech Group Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 496.699 million compared to CNY 362.019 million a year ago. Operating income was CNY 479.533 million compared to CNY 454.706 million a year ago. Net income was CNY 357.200 million compared to CNY 339.519 million a year ago. Basic earnings per share from continuing operations was CNY 0.1332 compared to CNY 0.1266 a year ago.
XIANGCAI CO., LTD, formerly Harbin High-Tech (Group) Co., Ltd, is a China-based company principally engaged in the real estate business. The Company is also involved in soybean deep processing, pharmaceutical production and waterproofing membrane manufacturing and sales businesses. Its real estate business is engaged in residential and industrial real estates development business, as well as property management business. Its soybean deep processing business provides soybean protein isolate, soybean tissue protein and soybean nutritious food. Its pharmaceutical business is mainly engaged in the production and marketing of thymopeptide enteric-coated tablets and other drugs for the treatment of immune system. Its waterproof coil business is engaged in the manufacture and sales of polyethylene polypropylene fiber coils, load-bearing coil and joint profiles.