Wuhan Golden Laser Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 03:21 pm IST
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Wuhan Golden Laser Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 12.508 million compared to CNY 39.959 million a year ago. Operating loss was CNY 5.562 million compared to operating Income of CNY 4.126 million a year ago. Net loss was CNY 5.387 million compared to net income of CNY 3.327 million a year ago. Basic loss per share from continuing operations was CNY 0.0428 compared to basic earnings per share from continuing operations of CNY 0.0264 a year ago.
Wuhan Golden Laser Co., Ltd. is a China-based company principally engaged in the provision of small and medium-power laser processing solutions. The Company's products include metal materials digital laser processing equipment, flexible non-metallic materials, digital laser processing equipment and three-dimensional digital technology commercial application solutions. The Company's products can be used in various industries, such as clothing, textiles, shoes, bags, industrial textiles, upholstery, advertising crafts, metal precision processing and many other industries. The Company distributes its products in domestic market and to overseas markets.
WUHAN GOLDEN LASER CO., LTD 
