Guangdong Chaohua Technology Co., Ltd Reports Earnings Results for the Nine Months Ended September 30, 2019
October 30, 2019 at 05:21 am EDT
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Guangdong Chaohua Technology Co. Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 1,019.454 million compared to CNY 1,014.473 million a year ago. Operating income was CNY 54.597 million compared to CNY 53.982 million a year ago. Net income was CNY 25.637 million compared to CNY 40.695 million a year ago. Basic earnings per share from continuing operations was CNY 0.0275 compared to CNY 0.0437 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.