Guangxi Yuegui Guangye Holdings Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 08:24 am EDT
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Guangxi Yuegui Guangye Holdings Co., Ltd. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was CNY 2,051.144 million compared to CNY 1,381.191 million a year ago. Operating loss was CNY 44.821 million compared to operating Income of CNY 37.975 million a year ago. Net loss was CNY 33.810 million compared to net income of CNY 46.528 million a year ago. Basic loss per share from continuing operations was CNY 0.0506 compared to basic earnings per share from continuing operations of CNY 0.0696 a year ago.
Guangxi Yuegui Guangye Holdings Co Ltd, formerly Guangxi Guitang Group Co Ltd, is a China-based company mainly engaged in the production and sales of sugar, paper, pulp, pyrite, sulfuric acid, iron ore powder, phosphate fertilizer and other products. The Company operates six segments. Machine-Made Sugar segment is mainly engaged in the production and sales of machine-made sugar (white sugar, brown sugar). Processing Trade Sugar segment is mainly engaged in the sales of processed trade sugar. Paper Industry segment is principally engaged in the production and sales of pulp and machine-made paper (specialty paper). Mining Industry segment is mainly engaged in the mining, processing and sales of pyrite. Chemical Industry segment is mainly engaged in the production and sales of sulfuric acid, reagent acid (refined sulfuric acid), iron ore powder (pyrite cinder) and phosphate fertilizer (generally calcium phosphate). The Company also conducts business through Property Sales segment.
GUANGXI YUEGUI GUANGYE HOLDINGS CO., LTD. 