Shanghai Fenghwa Group Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 11:08 am EDT
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Shanghai Fenghwa Group Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 9.057 million compared to CNY 11.540 million a year ago. Operating loss was CNY 357,098.18 compared to CNY 455,395.34 a year ago. Net loss was CNY 1.147 million compared to CNY 449,160.26 a year ago. Basic loss per share from continuing operations was CNY 0.006 compared to CNY 0.002 a year ago.
Chongqing Fenghwa Group Co Ltd, formerly Shanghai Fenghwa Group Co Ltd, is a China based company principally engaged in the research and development, manufacture and sales of magnesium alloy and aluminum alloy products. The Company's main businesses include auto parts magnesium alloy, aluminum alloy products and all-aluminum home custom design and manufacture. Its main products include automobile steering wheel frame, automobile seat slide rail, automobile instrument back cover, motorcycle parts, hand tools and other magnesium alloy and aluminum alloy die-casting parts, as well as all-aluminum home office products, wall panels, new partition screens and home improvement wardrobes, cabinets, bathroom cabinets and others. The Company's products are distribute in domestic and overseas markets.
CHONGQING FENGHWA GROUP CO., LTD. 
