Gansu Dunhuang Seed Group Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 11:31 pm IST
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Gansu Dunhuang Seed Group Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 218.641 million compared to CNY 190.781 million a year ago. Operating loss was CNY 8.803 million compared to CNY 43.135 million a year ago. Net loss was CNY 7.270 million compared to CNY 35.472 million a year ago. Basic loss per share from continuing operations was CNY 0.0138 compared to CNY 0.0672 a year ago.
Gansu Dunhuang Seed Group Co Ltd is a China-based company mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Company mainly conducts its businesses through three segments. The Seed Business segment is mainly engaged in the research and development, production, processing and sales of various types of crop seeds. The Food and Trade Business segment is mainly engaged in the production, processing and sales of dehydrated vegetables, tomato powder and tomato paste, as well as the acquisition, processing, warehousing and trading of cotton and its by-products and other agricultural products. The Other Business segment is mainly engaged in other seed-related businesses. The Company mainly conducts its businesses in domestic and overseas markets.