Rendong Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021 at 09:33 am EDT
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Rendong Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 418.983 million compared to CNY 565.197 million a year ago. Operating loss was CNY 2.333 million compared to CNY 8.577 million a year ago. Net loss was CNY 9.253 million compared to CNY 13.780 million a year ago. Basic loss per share from continuing operations was CNY 0.0165 compared to CNY 0.0246 a year ago.
RENDONG HOLDINGS CO., LTD., formerly MESON FINTECH CO., LTD., is a China-based company principally engaged in third-party payment business. The Third-party Payment businesses include the development, operation and maintenance of payment system and clearing platform system, transaction funds settlement, user audit as well as the generation and management of Unionpay card acceptance terminal master key. The Commercial Factoring businesses include factoring business (non-bank finance category) and supply chain management consulting business. The Supply Chain Management businesses include supply chain management and supply chain financial services. In addition, The Company is also engaged in Internet microcredit business, financial leasing and relevant factoring business. The Company mainly operates its business in the domestic market.
RENDONG HOLDINGS CO., LTD. 
