Shenzhen Geoway Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:59 am EDT
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Shenzhen Geoway Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 120.175 million compared to CNY 221.468 million a year ago. Operating loss was CNY 34.290 million compared to CNY 17.619 million a year ago. Net loss was CNY 25.369 million compared to CNY 16.236 million a year ago. Basic loss per share from continuing operations was CNY 0.0475 compared to CNY 0.0304 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.