Beijing Xiaocheng Technology Stock Co., Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 09:55 am
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Beijing XIAOCHENG Technology Stock Co. Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 80.150 million compared to CNY 41.976 million a year ago. Operating income was CNY 10.811 million compared to operating loss of CNY 42.725 million a year ago. Net income was CNY 3.625 million compared to net loss of CNY 46.013 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.1679 a year ago.
Beijing Xiaocheng Technology Stock Co Ltd is a company mainly engaged in gold mining, production, processing and sales. The Company operates four segments. Gold Mining Business segment is engaged in gold mining, production, processing and sales. Ghana Build-Operate-Transfer (BOT) Project Operation, Distribution Network Transformation and Power Generation Business segment is engaged in BOT projects for prepayment meter installation and line loss reduction projects, and undertakes distribution network line transformation projects. Integrated Circuit Design Business and Watt Hour Meter Manufacturing Business segment are mainly engaged in the design and development of a series of integrated circuit products such as power line carrier chips. South Africa Public Private Partnership (PPP) Business segment is engaged in the design, installation and transformation of smart grid and special smart metering system for water resources metering, energy conservation and emission reduction projects.