San Bian Science& Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 29, 2019 at 10:33 pm IST
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San Bian Science& Technology Co., Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 357.316 million compared to CNY 263.132 million a year ago. Operating income was CNY 2.142 million compared to operating loss of CNY 18.324 million a year ago. Net income was CNY 2.149 million compared to net loss of CNY 18.499 million a year ago. Basic earnings per share from continuing operations was CNY 0.01 compared to basic loss per share from continuing operations of CNY 0.09 a year ago.
SAN BIAN SCIENCE& TECHNOLOGY CO., LTD. is a China-based company principally engaged in the production, repair, maintenance and sales of transformers, motors, reactors, low-voltage electrical equipments as well as electric transmission and transformation equipments. The Company's main products include oil-immersed transformers, combination transformers and dry-type transformers. The Company's products are mainly used in power conversion and transmission fields. The Company distributes its products both in the domestic market and to overseas markets.