Guizhou Changzheng Tiancheng Holding Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 20, 2020 at 02:22 pm
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Guizhou Changzheng Tiancheng Holding Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 266.355 million compared to CNY 509.662 million a year ago. Operating loss was CNY 774.753 million compared to operating Income of CNY 24.886 million a year ago. Net loss was CNY 885.820 million compared to net income of CNY 17.165 million a year ago. Basic loss per share from continuing operations was CNY 1.7396 compared to basic earnings per share from continuing operations of CNY 0.0337 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.