Guangdong Songfa Ceramics Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 29, 2021 at 12:47 pm EDT
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Guangdong Songfa Ceramics Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 92.652 million compared to CNY 72.190 million a year ago. Operating loss was CNY 7.550 million compared to operating Income of CNY 1.441 million a year ago. Net loss was CNY 7.340 million compared to CNY 4.493 million a year ago. Basic loss per share from continuing operations was CNY 0.06 compared to CNY 0.04 a year ago.
Guangdong Songfa Ceramics Co., Ltd. is a China-based company principally engaged in the research, development, production and sales of porcelains, as well as the provision of related services. The Companyâs main products include household porcelains, fine porcelains and ceramic bottles. Its household porcelains mainly include home porcelain, hotel and restaurant porcelain. The Company owns the porcelain brand of Songfa. The Company also provides live online education services. The Company is also involved in the sales open classes, as well as the broadcasting platform business. The Company distributes its products in domestic market and to overseas markets.