Guizhou Changzheng Tiancheng Holding Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 06:20 am EDT
Share
Guizhou Changzheng Tiancheng Holding Co.,Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 164.548 million compared to CNY 417.261 million a year ago. Operating loss was CNY 83.511 million compared to operating Income of CNY 75.468 million a year ago. Net loss was CNY 73.318 million compared to net income of CNY 81.351 million a year ago. Basic loss per share from continuing operations was CNY 0.144 compared to basic earnings per share from continuing operations of CNY 0.1598 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.