Shanghai Lonyer Fuels Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 08:33 am
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Shanghai Lonyer Fuels Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 7,230.399 million compared to CNY 10,414.618 million a year ago. Operating income was CNY 15.960 million compared to operating loss of CNY 30.905 million a year ago. Net income was CNY 17.099 million compared to net loss of CNY 29.960 million a year ago. Basic earnings per share from continuing operations was CNY 0.0411 compared to basic loss per share from continuing operations of CNY 0.074 a year ago.
Shanghai Lonyer Data Co Ltd, formerly Shanghai Lonyer Fuels Co Ltd, is a China-based company mainly engaged in data center (IDC) business and bulk commodity trading business. The IDC business provides Internet infrastructure services, cloud computing and big data platform services. Commodity trading business includes petrochemical trade and non-ferrous metal trade. Petrochemical trade includes refined oil, fuel oil, methanol, and ethylene glycol. The Company operates its business in domestic and overseas markets.