Beijing Xiaocheng Technology Stock Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
April 12, 2021 at 02:50 pm IST
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Beijing XIAOCHENG Technology Stock Co. Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 184.753 million compared to CNY 359.698 million a year ago. Operating loss was CNY 109.778 million compared to CNY 54.316 million a year ago. Net loss was CNY 98.941 million compared to CNY 80.102 million a year ago. Basic loss per share from continuing operations was CNY 0.36 compared to CNY 0.29 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.