Shanghai Shenhua Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 02:06 pm EDT
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Shanghai Shenhua Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 1,111.094 million compared to CNY 1,732.827 million a year ago. Operating loss was CNY 25.583 million compared to CNY 9.922 million a year ago. Net loss was CNY 40.203 million compared to net income of CNY 11.398 million a year ago. Basic loss per share from continuing operations was CNY 0.0207 compared to basic earnings per share from continuing operations of CNY 0.0059 a year ago.
Liaoning Shenhua Holdings Co Ltd, formerly Shanghai Shenhua Holdings Co., Ltd., is a China based company principally engaged in auto sales business. The Company operates its business through four segments. The Automotive Consumer Services segment is engaged in the auto cultural industrial park, auto sales services, car rental business and special vehicle manufacture and sales business. The New Energy segment is principally engaged in wind farm operation and electricity sales business. The Real Estate segment is mainly engaged in the development, sales and leasing of real estate. The Financial segment is mainly engaged in financial leasing business. The Company operates its business in domestic market and overseas markets.
LIAONING SHENHUA HOLDINGS CO.,LTD 
