Sichuan Haite High-Tech Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 10:57 am
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Sichuan Haite High-tech Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 410.157 million compared to CNY 348.498 million a year ago. Operating loss was CNY 49.645 million compared to operating Income of CNY 48.555 million a year ago. Net loss was CNY 40.167 million compared to net income of CNY 46.346 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago.
Sichuan Haite High-tech Co., Ltd. is a China-based company principally engaged in aviation related businesses. The Company operates through five segments. Aviation New Technology Development and Manufacture segment is engaged in the research and development of aircraft avionics, mechanical accessories, ground testing equipment and flight simulators. Microelectronics segment is engaged in the research, development and manufacture of semiconductor integrated circuit chips. Aviation Training segment is engaged in the provision of pilot training and flight attendant training and the development of flight simulators. Aviation Leasing segment is engaged in finance leasing business. Aviation Maintenance segment is engaged in the repair and maintenance of aircrafts and related components. The Company operates businesses in both domestic and overseas markets.