Guangdong Silver Age Sci & Tech Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 10:00 pm IST
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Guangdong Silver Age Sci & Tech Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 238.973 million compared to CNY 420.029 million a year ago. Operating loss was CNY 11.656 million compared to operating Income of CNY 182.641 million a year ago. Net loss was CNY 10.880 million compared to net income of CNY 192.190 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.38 a year ago.
GUANGDONG SILVER AGE SCI & TECH CO.,LTD. is a China-based company principally engaged in the manufacture and distribution of modified plastics. The Companyâs main products include flame-retardant materials, weathering materials, toughening and reinforcing materials, plastic alloy materials, environment-friendly durable materials and light-emitting diode (LED) related products. The Companyâs products are applied in electric wires and cables, energy saving lamps, electrical and electronics, household appliances, toys, road materials and LED kits industries, among others. The Company distributes its products within domestic market and to overseas markets.