Fujian Snowman Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 24, 2020 at 12:28 pm EDT
Share
Fujian Snowman Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 197.055 million compared to CNY 289.228 million a year ago. Operating loss was CNY 31.796 million compared to operating Income of CNY 4.048 million a year ago. Net loss was CNY 29.646 million compared to net income of CNY 2.292 million a year ago. Basic loss per share from continuing operations was CNY 0.044 compared to basic earnings per share from continuing operations of CNY 0.0034 a year ago.
FUJIAN SNOWMAN CO., LTD. is a China-based company principally engaged in the research and development, manufacturing and sales of refrigeration equipment. The Company's main products include ice making equipment, compressors and central air conditioning systems. Its products are mainly used in the concrete cooling, cold chain logistics, nuclear power, chemical, commercial supermarket, food processing and other fields. The Company is also engaged in central air conditioning system sales and installation business, as well as the provision of oil and gas technical services. The Company mainly operates its business in the domestic and overseas markets.
FUJIAN SNOWMAN CO., LTD. 
