Hg Technologies Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 24, 2020 at 04:25 am EDT
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HG Technologies Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 413.744 million compared to CNY 382.949 million a year ago. Operating income was CNY 43.831 million compared to CNY 40.658 million a year ago. Net income was CNY 39.514 million compared to CNY 35.504 million a year ago. Basic earnings per share from continuing operations was CNY 0.27 compared to CNY 0.24 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.