Shanghai Yanhua Smartech Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
April 14, 2021 at 06:00 pm IST
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Shanghai Yanhua Smartech Group Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was CNY 659.852 million compared to CNY 918.153 million a year ago. Operating loss was CNY 315.075 million compared to operating Income of CNY 16.211 million a year ago. Net loss was CNY 271.756 million compared to net income of CNY 23.094 million a year ago. Basic loss per share from continuing operations was CNY 0.38 compared to basic earnings per share from continuing operations of CNY 0.03 a year ago.
SHANGHAI YANHUA SMARTECH GROUP CO., LTD is a China-based company, principally engaged in the intelligent building business. The Company operates its business through general contracting of consulting, planning, design, construction as well as latter operation and maintenance intellectualization projects. The Company's main business covers intelligent building projects, intelligent medical projects, and intelligent energy saving projects, among others. In addition, it is engaged in the software and consulting services, as well as the sales of intelligent electronic products. The Company operates its business in domestic markets, with East China as its main market.