Jiangxi Hengda Hi-Tech Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 05:13 am EDT
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Jiangxi Hengda Hi-Tech Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 92.806 million compared to CNY 98.967 million a year ago. Operating income was CNY 17.692 million compared to CNY 32.484 million a year ago. Net income was CNY 15.527 million compared to CNY 28.796 million a year ago. Basic earnings per share from continuing operations was CNY 0.0517 compared to CNY 0.0953 a year ago. Diluted earnings per share from continuing operations was CNY 0.0517 compared to CNY 0.0946 a year ago.
JIANGXI HENGDA HI-TECH CO.,LTD. is a China-based company principally engaged in the manufacture of industrial anti-abrasion and anti-corrosion products, as well as the provision of technical services. The Company's main products and services include Hengda Supersonic (HDS) arc spraying products, flame spraying products, plasma spraying products, mold technology (MT) series wear-resistant ceramics, monomer casting (MC) series wear-resistant materials, hard surface surfacing repair products, cold metal transfer (CMT) welding products and environmental engineering. The Company distributes its products in domestic market.
JIANGXI HENGDA HI-TECH CO.,LTD. 
