Guangdong Paisheng Intelligent Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 05:45 pm
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GuangDong PaiSheng Intelligent Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 316.343 million compared to CNY 243.499 million a year ago. Operating income was CNY 6.991 million compared to operating loss of CNY 21.324 million a year ago. Net income was CNY 3.142 million compared to net loss of CNY 19.236 million a year ago. Basic earnings per share from continuing operations was CNY 0.0081 compared to basic loss per share from continuing operations of CNY 0.0497 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 
