Banbao Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 01:55 pm
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BanBao Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 253.288 million compared to CNY 270.624 million a year ago. Operating income was CNY 42.080 million compared to CNY 48.533 million a year ago. Net income was CNY 34.538 million compared to CNY 41.095 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.19 a year ago.
Jiangxi Mubang Hi-Tech Co Ltd is a China-based company mainly engaged in the production and sales of monocrystalline silicon rods and silicon wafers. The Company operates primarily through two segments. The Photovoltaic Business segment is mainly engaged in the research and development, production and sales of photovoltaic silicon wafers and silicon rods. The Company's main photovoltaic products include monocrystalline silicon rods, monocrystalline silicon wafers, polycrystalline silicon ingots, polycrystalline silicon wafers and cells. The Toy Business segment is mainly engaged in the production and sales of popular science series, programming robot series, city series, infant series and intellectual property (IP) authorized plastic building block toys. The Company mainly conducts its businesses in domestic and overseas markets.
MUBANG HIGH-TECH CO.,LTD. 
