Astro-Century Education&Technology Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 23, 2020 at 08:36 am
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Astro-century Education&Technology Co.,Ltd announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 240.720 million compared to CNY 265.614 million a year ago. Operating income was CNY 35.160 million compared to CNY 31.551 million a year ago. Net income was CNY 26.464 million compared to CNY 20.248 million a year ago. Basic earnings per share from continuing operations was CNY 0.15 compared to CNY 0.11 a year ago.
Astro-century Education & Technology Co., Ltd., formerly Shandong Astro-century Education &Technology Co., Ltd., is a China-based company principally engaged in the planning, design, production and distribution of student books. The Company is also involved in the provision of learning and exam preparation solutions for primary and secondary school teachers and students. The Company mainly provides online and offline products and services for the K12 basic education market, including student books and other primary and secondary school supplementary books, as well as digital products and related educational and learning software based on supplementary books. The Company mainly operates its business in the domestic market.