Jiangsu Xiuqiang Glasswork Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 09:46 am
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Jiangsu Xiuqiang Glasswork Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 879.629 million compared to CNY 971.604 million a year ago. Operating income was CNY 108.078 million compared to CNY 108.963 million a year ago. Net income was CNY 91.866 million compared to CNY 108.759 million a year ago. Basic earnings per share from continuing operations was CNY 0.1485 compared to CNY 0.1834 a year ago.
Jiangsu Xiuqiang Glasswork Co., Ltd. is a China-based company principally engaged in the deep processing of glass and operation, management of kindergartens. The Company operates through two main segments. The Deep Processing of Glass segment is mainly involved in the research, development, manufacture and sales of deep processing glass products which include appliance glass, household glass, photovoltaic glass and cover plate glass of display screens. The Operation and Management of Kindergartens segment is mainly involved in the acquisition of kindergartens and provision of integrated solution plans for kindergartens.