Chongqing Mas Sci.&Tech. Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 27, 2020 at 06:48 pm IST
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Chongqing Mas Sci.&Tech. Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 107.653 million compared to CNY 110.461 million a year ago. Operating income was CNY 15.101 million compared to CNY 18.563 million a year ago. Net income was CNY 13.179 million compared to CNY 13.513 million a year ago. Basic earnings per share from continuing operations was CNY 0.08 compared to CNY 0.082 a year ago.
Chongqing Mas Sci &Tech Co Ltd is a China-based company principally engaged in the research, development and application of Internet of things technology for mining industry. The Company offers three lines of products. Mining products includes Internet of things technology, smart mining solutions, security monitoring systems, positioning systems, and alarming systems, among others. Environment protection products include pollution source monitoring, surface water quality monitoring, and air quality monitoring, among others. Municipal products include smart city management service platform, dangerous gas monitoring system, bridge, slope and tunnel safety monitoring & alarming system, and underground sewage pipeline monitoring system, among others.