Shanghai Yanhua Smartech Group Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 11:56 am
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Shanghai Yanhua Smartech Group Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 129.364 million compared to CNY 195.417 million a year ago. Operating loss was CNY 20.907 million compared to CNY 44.402 million a year ago. Net loss was CNY 19.144 million compared to CNY 34.620 million a year ago. Basic loss per share from continuing operations was CNY 0.03 compared to CNY 0.05 a year ago.
SHANGHAI YANHUA SMARTECH GROUP CO., LTD is a China-based company, principally engaged in the intelligent building business. The Company operates its business through general contracting of consulting, planning, design, construction as well as latter operation and maintenance intellectualization projects. The Company's main business covers intelligent building projects, intelligent medical projects, and intelligent energy saving projects, among others. In addition, it is engaged in the software and consulting services, as well as the sales of intelligent electronic products. The Company operates its business in domestic markets, with East China as its main market.
SHANGHAI YANHUA SMARTECH GROUP CO., LTD. 
