Jiangxi Hengda Hi-Tech Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 16, 2020 at 05:41 am EDT
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Jiangxi Hengda Hi-Tech Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 378.175 million compared to CNY 335.113 million a year ago. Operating income was CNY 96.102 million compared to CNY 36.577 million a year ago. Net income was CNY 84.739 million compared to CNY 34.908 million a year ago. Basic earnings per share from continuing operations was CNY 0.284 compared to CNY 0.1137 a year ago. Diluted earnings per share from continuing operations was CNY 0.2831 compared to CNY 0.1159 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.