Shandong Lipeng Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 26, 2020 at 03:09 pm IST
Share
Shandong Lipeng Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 259.003 million compared to CNY 489.991 million a year ago. Operating loss was CNY 14.821 million compared to operating Income of CNY 63.381 million a year ago. Net loss was CNY 23.304 million compared to net income of CNY 46.493 million a year ago. Basic loss per share from continuing operations was CNY 0.0266 compared to basic earnings per share from continuing operations of CNY 0.053 a year ago.
Shandong Chiway Industry Development Co Ltd, formerly Shandong Lipeng Co Ltd, is principally engaged in the composite anti-counterfeit printing of aluminum plates, as well as the manufacture and sale of anti-counterfeit bottle caps. The Companyâs products are composite anti-counterfeit printed aluminum plates, which are applied in processing and manufacture of aluminum anti-counterfeit bottle caps, as well as aluminum anti-counterfeit bottle caps and combined anti-counterfeit bottle tops, which are applied in packaging of products such as liquor, healthcare liquor and beer, among others. In addition, the Company provides aluminum strips, and related equipment and molds. The Company is also engaged in the landscaping and environment treatment businesses, such as ecological restoration, landscape construction, landscape planning and design, green conservation and nursery stock sales, among others.
SHANDONG CHIWAY INDUSTRY DEVELOPMENT CO.,LTD 
