Guangdong Paisheng Intelligent Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 02:02 pm
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GuangDong PaiSheng Intelligent Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 830.613 million compared to CNY 1,159.091 million a year ago. Operating income was CNY 6.315 million compared to operating loss of CNY 287.111 million a year ago. Net income was CNY 3.474 million compared to net loss of CNY 254.150 million a year ago. Basic earnings per share from continuing operations was CNY 0.009 compared to basic loss per share from continuing operations of CNY 0.6562 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 
