Shanghai Fenghwa Group Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 06:24 am EDT
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Shanghai Fenghwa Group Co. Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 38.533 million compared to CNY 42.405 million a year ago. Operating loss was CNY 125,570.63 compared to operating Income of CNY 40.452 million a year ago. Net loss was CNY 3.576 million compared to net income of CNY 31.542 million a year ago. Basic loss per share from continuing operations was CNY 0.019 compared to basic earnings per share from continuing operations of CNY 0.168 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. 
