Beijing XIAOCHENG Technology Stock Co., Ltd Reports Earnings Results for the First quarter Ended March 31, 2021
April 28, 2021 at 01:39 pm IST
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Beijing XIAOCHENG Technology Stock Co. Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 28.328 million compared to CNY 39.241 million a year ago. Operating loss was CNY 1.305 million compared to operating Income of CNY 7.686 million a year ago. Net income was CNY 543,979.8 compared to net loss of CNY 2.186 million a year ago. Basic earnings per share from continuing operations was CNY 0.002 compared to basic loss per share from continuing operations of CNY 0.01 a year ago.
Beijing Xiaocheng Technology Stock Co Ltd is a company mainly engaged in gold mining, production, processing and sales. The Company operates four segments. Gold Mining Business segment is engaged in gold mining, production, processing and sales. Ghana Build-Operate-Transfer (BOT) Project Operation, Distribution Network Transformation and Power Generation Business segment is engaged in BOT projects for prepayment meter installation and line loss reduction projects, and undertakes distribution network line transformation projects. Integrated Circuit Design Business and Watt Hour Meter Manufacturing Business segment are mainly engaged in the design and development of a series of integrated circuit products such as power line carrier chips. South Africa Public Private Partnership (PPP) Business segment is engaged in the design, installation and transformation of smart grid and special smart metering system for water resources metering, energy conservation and emission reduction projects.