Luoyang Northglass Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
April 25, 2019 at 10:19 pm
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Luoyang Northglass Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 205.541 million compared to CNY 188.306 million a year ago. Operating loss was CNY 17.993 million compared to operating Income of CNY 78.788 million a year ago. Net loss was CNY 15.730 million compared to net income of CNY 75.089 million a year ago. Basic loss per share from continuing operations was CNY 0.0168 compared to basic earnings per share from continuing operations of CNY 0.0801 a year ago.
Luoyang Northglass Technology Co.,LTD is a China-based company principally engaged in the research, development of glass deep processing technology, as well as the manufacture and sale of glass products. The Company's main technical products include various types of glass deep-processing equipment and deep-processing glass products, such as glass tempering units, low emissivity (low-e) glass production lines, pretreatment equipment and automation systems, automotive glass pretreatment production lines, screen printing equipment, insulating glass, toughened glass, laminated glass, low-e glass and other composite glass products. The Company distributes its products in domestic market and to overseas markets.