Shanghai Lonyer Fuels Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:22 pm EDT
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Shanghai Lonyer Fuels Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 1,650.374 million compared to CNY 1,870.474 million a year ago. Operating income was CNY 22.487 million compared to operating loss of CNY 57.029 million a year ago. Net income was CNY 16.780 million compared to net loss of CNY 38.874 million a year ago. Basic earnings per share from continuing operations was CNY 0.0423 compared to basic loss per share from continuing operations of CNY 0.0933 a year ago.
Shanghai Lonyer Data Co Ltd, formerly Shanghai Lonyer Fuels Co Ltd, is a China-based company mainly engaged in data center (IDC) business and bulk commodity trading business. The IDC business provides Internet infrastructure services, cloud computing and big data platform services. Commodity trading business includes petrochemical trade and non-ferrous metal trade. Petrochemical trade includes refined oil, fuel oil, methanol, and ethylene glycol. The Company operates its business in domestic and overseas markets.