Guangdong Chaohua Technology Co., Ltd Reports Earnings Results for the Full Year Ended December 31, 2019
April 14, 2020 at 08:41 am EDT
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Guangdong Chaohua Technology Co. Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 1,321.304 million compared to CNY 1,393.429 million a year ago. Operating income was CNY 40.251 million compared to CNY 58.273 million a year ago. Net income was CNY 18.502 million compared to CNY 34.514 million a year ago. Basic earnings per share from continuing operations was CNY 0.0199 compared to CNY 0.037 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.