Guizhou Changzheng Tiancheng Holding Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 04:39 am EDT
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Guizhou Changzheng Tiancheng Holding Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 16.264 million compared to CNY 40.952 million a year ago. Operating loss was CNY 26.330 million compared to operating Income of CNY 30.310 million a year ago. Net loss was CNY 26.285 million compared to net income of CNY 30.124 million a year ago. Basic loss per share from continuing operations was CNY 0.0516 compared to basic earnings per share from continuing operations of CNY 0.0592 a year ago.
GUIZHOU CHANGZHENG TIANCHENG HOLDING CO.,LTD. mainly operates through three segments, including Electrical Equipment Manufacture segment, Financial segment and Mineral Resource Development segment. Electrical Equipment Manufacture segment is involved in the manufacture and distribution of high-voltage and medium-voltage electrical equipment. Financial segment provides financial services for small and micro merchants. Mineral Resource Development segment is engaged in the exploration, processing, refining and import and export trading of mineral resources, with zirconium and ilmenite concentrate as its main products. The Company distributes its products in domestic market and to overseas markets.
GUIZHOU CHANGZHENG TIANCHENG HOLDING CO.,LTD. 
