Guizhou Changzheng Tiancheng Holding Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 30, 2022 at 12:08 am IST
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Guizhou Changzheng Tiancheng Holding Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 6.46 million compared to CNY 28.83 million a year ago. Revenue was CNY 6.46 million compared to CNY 28.83 million a year ago. Net loss was CNY 35.27 million compared to CNY 10.34 million a year ago. Basic loss per share from continuing operations was CNY 0.0693 compared to CNY 0.0203 a year ago. Diluted loss per share from continuing operations was CNY 0.0693 compared to CNY 0.0203 a year ago.
GUIZHOU CHANGZHENG TIANCHENG HOLDING CO.,LTD. mainly operates through three segments, including Electrical Equipment Manufacture segment, Financial segment and Mineral Resource Development segment. Electrical Equipment Manufacture segment is involved in the manufacture and distribution of high-voltage and medium-voltage electrical equipment. Financial segment provides financial services for small and micro merchants. Mineral Resource Development segment is engaged in the exploration, processing, refining and import and export trading of mineral resources, with zirconium and ilmenite concentrate as its main products. The Company distributes its products in domestic market and to overseas markets.