Tianjin Hi-Tech Development Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 28, 2019 at 11:56 am
Share
Tianjin Hi-Tech Development Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 425.558 million compared to CNY 392.452 million a year ago. Operating income was CNY 28.302 million compared to CNY 7.564 million a year ago. Net income was CNY 18.497 million compared to CNY 9.332 million a year ago. Basic earnings per share from continuing operations was CNY 0.0286 compared to CNY 0.0144 a year ago.
Tianjin Hi-Tech Development Co., Ltd. is a China-based company principally engaged in the development and operation of industrial estate properties. The Company's main businesses include the property business, high-tech industry investment, incubation services and trading. The Companyâs property projects include business process outsourcing (BPO) site, hi-tech innovation base and hi-tech green industrial base, among others. High-tech industry investment is mainly involved in the equity investment in enterprises. Incubation services provide professional services to entered enterprises, such as finance consulting, patent services and entrepreneurship mentor training. Trading business mainly consist of the wholesale of iron and steel and other construction materials. The Company primarily conducts its business in North China.
TIANJIN HI-TECH DEVELOPMENT CO., LTD. 
