New Trend International Logis-Tech Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 09:28 pm IST
Share
New Trend International Logis-Tech Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 53.915 million compared to CNY 329.341 million a year ago. Operating loss was CNY 19.146 million compared to operating Income of CNY 47.018 million a year ago. Net loss was CNY 17.434 million compared to net income of CNY 38.523 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to basic earnings per share from continuing operations of CNY 0.14 a year ago.
NEW TREND INTERNATIONAL LOGIS-TECH CO., LTD is a China-based company mainly engaged in the provision of automatic logistics system integrated solutions and subsequent operation and maintenance services. Its automatic logistics system integration solutions include automatic logistics system planning and design, system integration, software development, equipment custom made, electronic control systems development, site installation and commissioning, customer training and after-sales service. The automatic logistics systems include industrial production automatic logistics system and commercial distribution automatic logistics system. Its automatic logistics systems are mainly used in tobacco, cold chain, new energy vehicles, medicine, machinery manufacturing, airports, retail chains, e-commerce and food and beverage industries.
NEW TREND INTERNATIONAL LOGIS-TECH CO.,LTD. 
