Citychamp Dartong Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 01:56 pm EDT
Share
Citychamp Dartong Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 852.096 million compared to CNY 1,679.728 million a year ago. Operating loss was CNY 50.695 million compared to operating Income of CNY 184.324 million a year ago. Net loss was CNY 75.650 million compared to net income of CNY 88.507 million a year ago. Basic loss per share from continuing operations was CNY 0.05 compared to basic earnings per share from continuing operations of CNY 0.06 a year ago.
CITYCHAMP DARTONG CO., LTD. is a China-based company principally engaged in the development and sales of properties. The Company is also engaged in the manufacturing and sales of enameled wires. The Companyâs real estate products include general residential buildings, office buildings, high-rise apartments, garden houses, villas, comprehensive commercial buildings and others. The Company's enameled wires are mainly used in home appliances, automobiles, power tools, generators, special motors, electronics and other industries. The Company is also involved in the manufacturing and sales of power batteries through its subsidiaries.
CITYCHAMP DARTONG CO.,LTD. 
