Guangdong Paisheng Intelligent Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 26, 2019 at 10:14 pm
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Guangdong Paisheng Intelligent Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 525.492 million compared to CNY 1,074.560 million a year ago. Operating income was CNY 13.541 million compared to CNY 301.181 million a year ago. Net income was CNY 9.806 million compared to CNY 222.083 million a year ago. Basic earnings per share from continuing operations was CNY 0.0253 compared to CNY 0.5734 a year ago.
GuangDong PaiSheng Intelligent Technology Co., Ltd., formerly GuangDong HongTeo Technology Co., Ltd., is a China-based company mainly engaged in aluminum alloy die-casting business and financial technology information service business. The Company has two main businesses. The aluminum die casting business is mainly engaged in the research, development, production and sales of aluminum alloy precision die castings and assemblies, which are applied in middle and high grade automobile engines, gearboxes and chassis. The financial technology information services business mainly includes inclusive finance, consumer finance and artificial intelligence systems. The Company operates its businesses in both domestic and overseas markets.
GUANGDONG PAISHENG INTELLIGENT TECHNOLOGY CO.,LTD 
