Guangdong Songfa Ceramics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 08:59 am
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Guangdong Songfa Ceramics Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 50.03 million compared to CNY 92.65 million a year ago. Revenue was CNY 50.03 million compared to CNY 92.65 million a year ago. Net loss was CNY 21.54 million compared to CNY 7.34 million a year ago. Basic loss per share from continuing operations was CNY 0.17 compared to CNY 0.06 a year ago. Diluted loss per share from continuing operations was CNY 0.17 compared to CNY 0.06 a year ago.
Guangdong Songfa Ceramics Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of porcelains, as well as the provision of related services. The Companyâs main products include household porcelains, fine porcelains and ceramic bottles. Its household porcelains mainly include home porcelain, hotel and restaurant porcelain. The Company owns the porcelain brand of Songfa. The Company also provides live online education services. The Company is also involved in the sales open classes, as well as the broadcasting platform business. The Company distributes its products in domestic market and to overseas markets.