Guangdong Songfa Ceramics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 10:30 pm IST
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Guangdong Songfa Ceramics Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 72.190 million compared to CNY 136.386 million a year ago. Operating income was CNY 1.441 million compared to CNY 18.225 million a year ago. Net loss was CNY 4.493 million compared to net income of CNY 11.652 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 Songfa Ceramics Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of porcelains, as well as the provision of related services. The Companyâs main products include household porcelains, fine porcelains and ceramic bottles. Its household porcelains mainly include home porcelain, hotel and restaurant porcelain. The Company owns the porcelain brand of Songfa. The Company also provides live online education services. The Company is also involved in the sales open classes, as well as the broadcasting platform business. The Company distributes its products in domestic market and to overseas markets.
GUANGDONG SONGFA CERAMICS CO.,LTD. 