Shanghai Shenda Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 30, 2020 at 05:55 am EDT
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Shanghai Shenda Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 7,854.644 million compared to CNY 11,015.510 million a year ago. Operating loss was CNY 124.754 million compared to operating Income of CNY 509.589 million a year ago. Net loss was CNY 118.722 million compared to net income of CNY 368.926 million a year ago. Basic loss per share from continuing operations was CNY 0.1393 compared to basic earnings per share from continuing operations of CNY 0.4329 a year ago.
Shanghai Shenda Co Ltd is a China-based company mainly engaged in import and export trade, research, development and manufacturing of industrial textiles. The Company primarily conducts its business through three segments. The Trade Services segment is mainly engaged in import and export trade, mainly including textiles, home textiles and other import and export businesses. The Manufacturing Business segment is mainly engaged in the business of automotive interior and acoustic components, mainly including the manufacture of floor system products, acoustic component products, soft decoration products and other interior parts. The Headquarters and Properties segment is mainly engaged in the business of new textile materials, mainly including the development and research of flexible composite material products. Its main products include biogas membrane structures, architectural membrane structures, waterproof membranes, oil-proof barriers, inflatable materials and others.
SHANGHAI SHENDA CO., LTD 
