HG Technologies Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2022
August 10, 2022 at 09:55 am
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HG Technologies Co., Ltd. reported earnings results for the half year ended June 30, 2022. For the half year, the company reported sales was CNY 541.15 million compared to CNY 473.54 million a year ago. Revenue was CNY 545.39 million compared to CNY 477.33 million a year ago. Net income was CNY 59.6 million compared to CNY 44.98 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.18 a year ago. Diluted earnings per share from continuing operations was CNY 0.2 compared to CNY 0.18 a year ago.
HG Technologies Co Ltd is a China-based company mainly engaged in the research and development, production and sales of printing and copying electrostatic imaging consumables and imaging equipment. The Company's main products are toner, organic photoconductor drum (OPC drum), information security copiers, and special precision processing products. Toner and OPC drums are core consumable materials for printers, copiers, and multi-function machines. The Company's products are exported to China, North America, South America, Europe, Southeast Asia and other parts of the world.