Guangxi Yuegui Guangye Holdings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 10:09 am EDT
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Guangxi Yuegui Guangye Holdings Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,699.562 million compared to CNY 3,113.413 million a year ago. Operating loss was CNY 61.731 million compared to operating Income of CNY 52.130 million a year ago. Net loss was CNY 52.948 million compared to net income of CNY 51.766 million a year ago. Basic loss per share from continuing operations was CNY 0.0792 compared to basic earnings per share from continuing operations of CNY 0.0774 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. 
