Guangdong Chaohua Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 12:48 pm
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Guangdong Chaohua Technology Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 921.001 million compared to CNY 1,019.454 million a year ago. Operating income was CNY 7.353 million compared to CNY 54.597 million a year ago. Net loss was CNY 24.119 million compared to net income of CNY 25.637 million a year ago. Basic loss per share from continuing operations was CNY 0.0259 compared to basic earnings per share from continuing operations of CNY 0.0275 a year ago.
Guangdong Chaohua Technology Co., Ltd. is a China-based company, principally engaged in the manufacture and distribution of electronic components. The Company's main products are printed circuit boards (PCBs), including double-sided boards, multi-layer boards, aluminum-based boards and ceramic-based boards, and copper-clad laminates (CCLs), electrolytic copper foils, prepreg, wood pulp papers, moulds and printing ink, among others. Through its subsidiaries, the Company is also engaged in the import and export of electronic products, as well as the sales of mineral products. The Company distributes its products within domestic market and to overseas markets.