Guizhou Changzheng Tiancheng Holding Co.,Ltd. Reports Earnings Results for the Half Year Ended June 30, 2019
August 30, 2019 at 03:33 pm EDT
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Guizhou Changzheng Tiancheng Holding Co.,Ltd. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was CNY 84.152 million compared to CNY 262.768 million a year ago. Operating loss was CNY 48.788 million compared to CNY 34.710 million a year ago. Net loss was CNY 38.613 million compared to CNY 29.649 million a year ago. Basic loss per share from continuing operations was CNY 0.0758 compared to CNY 0.0582 a year ago.
GUIZHOU CHANGZHENG TIANCHENG HOLDING CO.,LTD. mainly operates through three segments, including Electrical Equipment Manufacture segment, Financial segment and Mineral Resource Development segment. Electrical Equipment Manufacture segment is involved in the manufacture and distribution of high-voltage and medium-voltage electrical equipment. Financial segment provides financial services for small and micro merchants. Mineral Resource Development segment is engaged in the exploration, processing, refining and import and export trading of mineral resources, with zirconium and ilmenite concentrate as its main products. The Company distributes its products in domestic market and to overseas markets.