Guizhou Changzheng Tiancheng Holding Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 02:25 pm IST
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Guizhou Changzheng Tiancheng Holding Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 105.472 million compared to CNY 164.548 million a year ago. Operating loss was CNY 95.560 million compared to CNY 83.511 million a year ago. Net loss was CNY 95.714 million compared to CNY 73.318 million a year ago. Basic loss per share from continuing operations was CNY 0.188 compared to CNY 0.144 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.