New Trend International Logis-Tech Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 26, 2020 at 03:12 pm IST
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New Trend International Logis-Tech Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 457.399 million compared to CNY 514.975 million a year ago. Operating income was CNY 50.497 million compared to CNY 26.401 million a year ago. Net income was CNY 44.479 million compared to CNY 26.332 million a year ago. Basic earnings per share from continuing operations was CNY 0.16 compared to CNY 0.09 a year ago.
NEW TREND INTERNATIONAL LOGIS-TECH CO., LTD is a China-based company mainly engaged in the provision of automatic logistics system integrated solutions and subsequent operation and maintenance services. Its automatic logistics system integration solutions include automatic logistics system planning and design, system integration, software development, equipment custom made, electronic control systems development, site installation and commissioning, customer training and after-sales service. The automatic logistics systems include industrial production automatic logistics system and commercial distribution automatic logistics system. Its automatic logistics systems are mainly used in tobacco, cold chain, new energy vehicles, medicine, machinery manufacturing, airports, retail chains, e-commerce and food and beverage industries.