Hg Technologies Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 27, 2020 at 02:30 pm IST
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HG Technologies Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 619.110 million compared to CNY 603.603 million a year ago. Operating income was CNY 67.669 million compared to CNY 61.954 million a year ago. Net income was CNY 60.511 million compared to CNY 53.286 million a year ago. Basic earnings per share from continuing operations was CNY 0.31 compared to CNY 0.36 a year ago.
HG Technologies Co Ltd is a China-based company mainly engaged in the research and development, production and sales of printing and copying electrostatic imaging consumables and imaging equipment. The Company's main products are toner, organic photoconductor drum (OPC drum), information security copiers, and special precision processing products. Toner and OPC drums are core consumable materials for printers, copiers, and multi-function machines. The Company's products are exported to China, North America, South America, Europe, Southeast Asia and other parts of the world.