Changzhou Almaden Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
April 24, 2019 at 04:26 pm EDT
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Changzhou Almaden Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was CNY 190.036 million compared to CNY 260.697 million a year ago. Operating loss was CNY 25.991 million compared to operating Income of CNY 10.184 million a year ago. Net loss was CNY 21.202 million compared to net income of CNY 7.460 million a year ago. Basic loss per share from continuing operations was CNY 0.13 compared to basic earnings per share from continuing operations of CNY 0.05 a year ago.
CHANGZHOU ALMADEN CO.,LTD. is a China-based company principally engaged in the research and development of photovoltaic glass coating technology, as well as the production and sale of photovoltaic coated glass. The Company mainly operates through three segments. The Photovoltaic Glass Anti-glare segment is engaged in the production and sale of photovoltaic coated glass. The Slim Double-glass Component segment is engaged in the production and sale of double-glass components. The Photovoltaic Power Station segment is engaged in the construction of photovoltaic power stations. The Company distributes its products in domestic market and to overseas markets.