Shenzhen Hongtao Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 01:23 pm
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Shenzhen Hongtao Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,562.034 million compared to CNY 2,910.557 million a year ago. Operating loss was CNY 38.214 million compared to operating Income of CNY 172.580 million a year ago. Net loss was CNY 53.960 million compared to net income of CNY 107.972 million a year ago. Basic loss per share from continuing operations was CNY 0.0432 compared to basic earnings per share from continuing operations of CNY 0.0864 a year ago. Diluted loss per share from continuing operations was CNY 0.0198 compared to diluted earnings per share from continuing operations of CNY 0.0934 a year ago.
SHENZHEN HONGTAO GROUP CO., LTD., formerly Shenzhen Hongtao Decoration Co., Ltd., is a China-based company principally engaged in the design and construction of public decoration engineering projects. The Company is mainly engaged in public building decoration engineering projects, residential building decoration engineering projects and design business. The Company is also involved in professional and vocational education business, including postgraduate entrance examination training, construction training, medical training, design training and judicial training. The Company operates its business mainly in domestic market.
SHENZHEN HONGTAO GROUP CO.,LTD. 
