Guangdong Songfa Ceramics Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 28, 2020 at 03:58 am EDT
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Guangdong Songfa Ceramics Co.,Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 286.601 million compared to CNY 426.936 million a year ago. Operating income was CNY 25.854 million compared to CNY 50.845 million a year ago. Net income was CNY 7.121 million compared to CNY 29.650 million a year ago. Basic earnings per share from continuing operations was CNY 0.06 compared to CNY 0.24 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.
GUANGDONG SONGFA CERAMICS CO.,LTD. 
