Jinan High-Tech Development Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 21, 2020 at 05:54 am
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Jinan High-tech Development Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 380.848 million compared to CNY 620.070 million a year ago. Operating income was CNY 48.202 million compared to CNY 65.931 million a year ago. Net income was CNY 46.927 million compared to CNY 60.659 million a year ago. Basic earnings per share from continuing operations was CNY 0.05 compared to CNY 0.07 a year ago.
Jinan High-tech Development Co Ltd is a China-based company principally engaged in the in vitro diagnostics business. The Company operates three segments. The Real Estate and Property Services Business segment is mainly engaged in real estate development and sales and the provision of property and property leasing services. The In Vitro Diagnostics Business segment is mainly engaged in the research and development, production and sales of products such as molecular diagnostic reagents, molecular diagnostic automated testing equipment, biological sample library management software, biological sample intelligent storage cabinets, biological sample intelligent management terminals, and provides medical testing services. The products are mainly used in the fields of infectious disease prevention and control, pathogenic microorganism detection, food safety testing and other fields. The Other Business segment is mainly engaged in trading business and other businesses.