Moon Environment Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 05:29 am EDT
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Moon Environment Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 632.372 million compared to CNY 846.981 million a year ago. Operating loss was CNY 18.587 million compared to operating Income of CNY 205.402 million a year ago. Net loss was CNY 14.001 million compared to net income of CNY 168.148 million a year ago. Basic loss per share from continuing operations was CNY 0.02 compared to basic earnings per share from continuing operations of CNY 0.26 a year ago.
Moon Environment Technology Co., Ltd., formerly YANTAI MOON CO., LTD., is a China-based company principally engaged in the provision of system solutions for the field of temperature control. The Company's main business includes the manufacturing and sales of cryogenic refrigeration equipment, central air conditioning equipment, environmental heating equipment, as well as the provision of application systems integration and engineering services. Its products and services are widely used in food cold chain, logistics, petrochemical, pharmaceutical, energy, rail transportation and other industries. The Company's products are distributed to domestic and overseas markets.
MOON ENVIRONMENT TECHNOLOGY CO.,LTD. 
