Anhui Golden Seed Winery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 05:01 am EDT
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Anhui Golden Seed Winery Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 193.571 million compared to CNY 288.664 million a year ago. Operating loss was CNY 25.906 million compared to operating Income of CNY 14.102 million a year ago. Net loss was CNY 26.209 million compared to net income of CNY 8.981 million a year ago. Basic loss per share from continuing operations was CNY 0.0398 compared to basic earnings per share from continuing operations of CNY 0.0162 a year ago.
Anhui Golden Seed Winery Co., Ltd. is a China-based company, principally engaged in the production and distribution of liquors, as well as the manufacturing of biochemical drugs. The Company is also engaged in the processing, manufacturing and sales of packing materials. The Company provides liquors through Zhongzi series, Jinzhongzi series, Zuisanqiu series and others. The Company distributes its products in domestic markets.