Guangxi Yuegui Guangye Holdings Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 09, 2021 at 12:28 pm
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Guangxi Yuegui Guangye Holdings Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 3,190.217 million compared to CNY 3,501.991 million a year ago. Operating income was CNY 74.374 million compared to CNY 68.723 million a year ago. Net income was CNY 62.745 million compared to CNY 83.029 million a year ago. Basic earnings per share from continuing operations was CNY 0.0939 compared to CNY 0.1242 a year ago.
Guangxi Yuegui Guangye Holdings Co Ltd, formerly Guangxi Guitang Group Co Ltd, is a China-based company mainly engaged in the production and sales of sugar, paper, pulp, pyrite, sulfuric acid, iron ore powder, phosphate fertilizer and other products. The Company operates six segments. Machine-Made Sugar segment is mainly engaged in the production and sales of machine-made sugar (white sugar, brown sugar). Processing Trade Sugar segment is mainly engaged in the sales of processed trade sugar. Paper Industry segment is principally engaged in the production and sales of pulp and machine-made paper (specialty paper). Mining Industry segment is mainly engaged in the mining, processing and sales of pyrite. Chemical Industry segment is mainly engaged in the production and sales of sulfuric acid, reagent acid (refined sulfuric acid), iron ore powder (pyrite cinder) and phosphate fertilizer (generally calcium phosphate). The Company also conducts business through Property Sales segment.