Tianjin Hi-Tech Development Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 09, 2020 at 01:17 pm IST
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Tianjin Hi-Tech Development Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 677.644 million compared to CNY 781.435 million a year ago. Operating income was CNY 26.367 million compared to CNY 6.119 million a year ago. Net income was CNY 14.976 million compared to CNY 14.659 million a year ago. Basic earnings per share from continuing operations was CNY 0.0232 compared to CNY 0.0227 a year ago.
Tianjin Hi-Tech Development Co., Ltd. is a China-based company principally engaged in the development and operation of industrial estate properties. The Company's main businesses include the property business, high-tech industry investment, incubation services and trading. The Companyâs property projects include business process outsourcing (BPO) site, hi-tech innovation base and hi-tech green industrial base, among others. High-tech industry investment is mainly involved in the equity investment in enterprises. Incubation services provide professional services to entered enterprises, such as finance consulting, patent services and entrepreneurship mentor training. Trading business mainly consist of the wholesale of iron and steel and other construction materials. The Company primarily conducts its business in North China.
TIANJIN HI-TECH DEVELOPMENT CO., LTD. 
