Liuzhou Liangmianzhen Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 01:56 pm EDT
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Liuzhou Liangmianzhen Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 136.873 million compared to CNY 286.475 million a year ago. Operating loss was CNY 24.942 million compared to operating Income of CNY 60.668 million a year ago. Net loss was CNY 17.566 million compared to net income of CNY 47.339 million a year ago. Basic loss per share from continuing operations was CNY 0.0319 compared to basic earnings per share from continuing operations of CNY 0.0861 a year ago.
LIUZHOU LIANGMIANZHEN Co., Ltd. is a China-based company principally engaged in the manufacture and sales of oral hygiene products, washing products and family healthcare products. The Company is also engaged in the production, sales, import and export trading of paper products, pulps and medicines, as well as real estate and property management businesses. The Company's products mainly include toothpastes, toothbrushes, sanitary napkins, sucralose, paper, paper pulps, shower caps, laundry soap powders, shampoos, soaps and others. The Company distributes its products within domestic market and to overseas markets.