Polaris Bay Group Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 05:01 am EDT
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Polaris Bay Group Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 251.539 million compared to CNY 165.402 million a year ago. Operating income was CNY 623.219 million compared to CNY 462.243 million a year ago. Net income was CNY 455.873 million compared to CNY 324.295 million a year ago. Basic earnings per share from continuing operations was CNY 0.26 compared to CNY 0.19 a year ago.
Huachuang Yunxin Digital Technology Co Ltd, formerly Polaris Bay Group Co Ltd, is a China-based company mainly engaged in the digital economy ecological operation service business and comprehensive financial service business. The digital economy ecological operation service business mainly provides supply chain, scene operation (such as scenic spots, hotels), industrial operation (such as liquor, tourism) and other digital economy ecological operation services. The comprehensive financial service business includes securities financial research, asset management, securities brokerage, proprietary investment, sponsorship and underwriting, financial consulting, private equity and debt investment and financing, comprehensive services for private equity funds, among others.