Hg Technologies Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 21, 2021 at 06:31 am EDT
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HG Technologies Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 243.090 million compared to CNY 193.787 million a year ago. Operating income was CNY 18.430 million compared to CNY 18.240 million a year ago. Net income was CNY 18.734 million compared to CNY 16.796 million a year ago. Basic earnings per share from continuing operations was CNY 0.09 compared to CNY 0.11 a year ago.
HG Technologies Co Ltd is a China-based company mainly engaged in the research and development, production and sales of printing and copying electrostatic imaging consumables and imaging equipment. The Company's main products are toner, organic photoconductor drum (OPC drum), information security copiers, and special precision processing products. Toner and OPC drums are core consumable materials for printers, copiers, and multi-function machines. The Company's products are exported to China, North America, South America, Europe, Southeast Asia and other parts of the world.