Hefei Taihe Optoelectronic Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 07, 2020 at 01:46 pm IST
Share
Hefei Taihe Optoelectronic Technology Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 182.104 million compared to CNY 153.585 million a year ago. Operating income was CNY 18.966 million compared to CNY 19.526 million a year ago. Net income was CNY 18.081 million compared to CNY 19.655 million a year ago. Basic earnings per share from continuing operations was CNY 0.12 compared to CNY 0.13 a year ago.
Hefei Taihe Intelligent Technology Group Co Ltd, formerly Hefei Taihe Optoelectronic Technology Co Ltd, is a China-based company principally engaged in the research, development, manufacture and sales of intelligent sorter machines, industrial robots and automatic equipments. The Company operates through two main segments. The Intelligent Sorter Machines segment is primarily engaged in the manufacture of sales of rice sorter machines, other agricultural products sorter machines, industrial materials and products sorter machines. The Industrial Robots segment is primarily involved in the research, development and sales of industrial robots, among which the products include palletizing robots, pressing robots and automatic guided vehicle (AGV), among others.