Guangdong Champion Asia Electronics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 02:12 pm IST
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Guangdong Champion Asia Electronics Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 374.681 million compared to CNY 273.730 million a year ago. Operating loss was CNY 15.108 million compared to operating Income of CNY 18.635 million a year ago. Net loss was CNY 9.953 million compared to net income of CNY 17.196 million a year ago. Basic loss per share from continuing operations was CNY 0.04 compared to basic earnings per share from continuing operations of CNY 0.09 a year ago.
Guangdong Champion Asia Electronics Co Ltd is a company mainly engaged in research and development, production and sales of printed circuit boards (PCBs). The Companyâs primary products include multi-layer immersion gold boards, high-multilayer boards, multi-layer motherboards and double-sided general boards, which are used in consumer electronics, industrial control and medical, computer and network equipment, automotive electronics, security electronics, aviation aerospace and other areas. The Company is also engaged in production and sales of surface mounted technology (SMT) equipment and provision of complete machine services.