Harbin High-Tech Group Co.,Ltd Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 02:00 pm
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Harbin High-Tech Group Co.,Ltd announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 293.841 million compared to CNY 259.977 million a year ago. Operating income was CNY 263.466 million compared to CNY 354.505 million a year ago. Net income was CNY 211.464 million compared to CNY 268.506 million a year ago. Basic earnings per share from continuing operations was CNY 0.0821 compared to CNY 0.1043 a year ago.
XIANGCAI CO., LTD, formerly Harbin High-Tech (Group) Co., Ltd, is a China-based company principally engaged in the real estate business. The Company is also involved in soybean deep processing, pharmaceutical production and waterproofing membrane manufacturing and sales businesses. Its real estate business is engaged in residential and industrial real estates development business, as well as property management business. Its soybean deep processing business provides soybean protein isolate, soybean tissue protein and soybean nutritious food. Its pharmaceutical business is mainly engaged in the production and marketing of thymopeptide enteric-coated tablets and other drugs for the treatment of immune system. Its waterproof coil business is engaged in the manufacture and sales of polyethylene polypropylene fiber coils, load-bearing coil and joint profiles.