Astro-Century Education & Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 26, 2021 at 01:58 pm
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Astro-Century Education & Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 357.177 million compared to CNY 385.710 million a year ago. Operating income was CNY 50.432 million compared to CNY 49.878 million a year ago. Net income was CNY 33.268 million compared to CNY 33.610 million a year ago. Basic earnings per share from continuing operations was CNY 0.18 compared to CNY 0.24 a year ago.
Astro-century Education & Technology Co., Ltd., formerly Shandong Astro-century Education &Technology Co., Ltd., is a China-based company principally engaged in the planning, design, production and distribution of student books. The Company is also involved in the provision of learning and exam preparation solutions for primary and secondary school teachers and students. The Company mainly provides online and offline products and services for the K12 basic education market, including student books and other primary and secondary school supplementary books, as well as digital products and related educational and learning software based on supplementary books. The Company mainly operates its business in the domestic market.