Guangxi Yuegui Guangye Holdings Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 29, 2019 at 07:47 am EDT
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Guangxi Yuegui Guangye Holdings Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 3,113.413 million compared to CNY 2,433.110 million a year ago. Operating income was CNY 52.130 million compared to CNY 129.411 million a year ago. Net income was CNY 51.766 million compared to CNY 97.918 million a year ago. Basic earnings per share from continuing operations was CNY 0.0774 compared to CNY 0.1465 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.