Roadmaint Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 28, 2020 at 05:38 am EDT
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RoadMainT Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 10.778 million compared to CNY 33.127 million a year ago. Operating loss was CNY 11.884 million compared to operating Income of CNY 2.897 million a year ago. Net loss was CNY 10.541 million compared to net income of CNY 2.399 million a year ago. Basic loss per share from continuing operations was CNY 0.16 compared to basic earnings per share from continuing operations of CNY 0.04 a year ago.
RoadMainT Co., Ltd. is a China-based company principally engaged in the provision of decision-making advisory services to road maintenance industry. The Company is also engaged in the research and development, manufacturing and sales of road detection equipment, as well as the development and sales of road maintenance information system. The Company mainly provides products and services to government highway management institutions, toll road management enterprises, as well as enterprises engaged in road maintenance testing, conservation design, road maintenance consulting and maintenance construction businesses. The Company mainly operates its business in domestic market.
ROADMAINT CO.,LTD. 
