Oranco, Inc. announced earnings results for the second quarter ended December 31, 2019. For the second quarter, the company announced sales was CNY 41.518 million compared to CNY 39.420 million a year ago. Net income was CNY 19.105 million compared to CNY 20.379 million a year ago. Basic earnings per share from continuing operations was CNY 0.46 compared to CNY 0.05 a year ago. For the half year, sales was CNY 67.186 million compared to CNY 63.382 million a year ago. Net income was CNY 29.157 million compared to CNY 30.265 million a year ago. Basic earnings per share from continuing operations was CNY 0.7 compared to CNY 0.07 a year ago.