Hubei Geoway Investment Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 27, 2021 at 11:11 pm EDT
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Hubei Geoway Investment Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 62.467 million compared to CNY 45.026 million a year ago. Operating loss was CNY 11.153 million compared to CNY 10.330 million a year ago. Net loss was CNY 8.218 million compared to CNY 7.714 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to CNY 0.01 a year ago.
Hubei Geoway Investment Co Ltd, formerly Shenzhen Geoway Co Ltd, is a China-based company mainly engaged in investment. Through its wholly-owned subsidiary, the Company is mainly engaged in the procurement and sales of raw materials related to mobile phones; the Company engages in after-sales service of camera modules through its holding subsidiary; the Company through its wholly-owned grandson company is engaged in marketing services and public relations, providing professional marketing activities and communications for various industries, and providing consulting services to customers with planning and execution capabilities. The Company distributes its products and services within the domestic market.