Guangdong Chaohua Technology Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 12:55 pm EDT
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Guangdong Chaohua Technology Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 212.408 million compared to CNY 306.421 million a year ago. Operating loss was CNY 30.112 million compared to operating Income of CNY 4.396 million a year ago. Net loss was CNY 29.989 million compared to net income of CNY 1.978 million a year ago. Basic loss per share from continuing operations was CNY 0.0322 compared to basic earnings per share from continuing operations of CNY 0.0021 a year ago.
Guangdong Chaohua Technology Co., Ltd. is a China-based company, principally engaged in the manufacture and distribution of electronic components. The Company's main products are printed circuit boards (PCBs), including double-sided boards, multi-layer boards, aluminum-based boards and ceramic-based boards, and copper-clad laminates (CCLs), electrolytic copper foils, prepreg, wood pulp papers, moulds and printing ink, among others. Through its subsidiaries, the Company is also engaged in the import and export of electronic products, as well as the sales of mineral products. The Company distributes its products within domestic market and to overseas markets.
GUANGDONG CHAOHUA TECHNOLOGY CO., LTD 
