Beijing Xiaocheng Technology Stock Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 28, 2020 at 08:31 am EDT
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Beijing XIAOCHENG Technology Stock Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 100.056 million compared to CNY 164.476 million a year ago. Operating loss was CNY 127.434 million compared to CNY 3.117 million a year ago. Net loss was CNY 114.633 million compared to net income of CNY 4.317 million a year ago. Basic loss per share from continuing operations was CNY 0.42 compared to basic earnings per share from continuing operations of CNY 0.02 a year ago.
Beijing Xiaocheng Technology Stock Co Ltd is a company mainly engaged in gold mining, production, processing and sales. The Company operates four segments. Gold Mining Business segment is engaged in gold mining, production, processing and sales. Ghana Build-Operate-Transfer (BOT) Project Operation, Distribution Network Transformation and Power Generation Business segment is engaged in BOT projects for prepayment meter installation and line loss reduction projects, and undertakes distribution network line transformation projects. Integrated Circuit Design Business and Watt Hour Meter Manufacturing Business segment are mainly engaged in the design and development of a series of integrated circuit products such as power line carrier chips. South Africa Public Private Partnership (PPP) Business segment is engaged in the design, installation and transformation of smart grid and special smart metering system for water resources metering, energy conservation and emission reduction projects.
BEIJING XIAOCHENG TECHNOLOGY STOCK CO., LTD 
