Shandong Chiway Industry Development Co.,Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023
October 30, 2023 at 06:34 am EDT
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Shandong Chiway Industry Development Co.,Ltd. reported earnings results for the nine months ended September 30, 2023. For the nine months, the company reported sales was CNY 479.38 million compared to CNY 620.69 million a year ago. Revenue was CNY 479.38 million compared to CNY 620.69 million a year ago.
Net loss was CNY 40.74 million compared to net income of CNY 20.51 million a year ago. Basic loss per share from continuing operations was CNY 0.0375 compared to basic earnings per share from continuing operations of CNY 0.0189 a year ago. Diluted loss per share from continuing operations was CNY 0.0375 compared to diluted earnings per share from continuing operations of CNY 0.0189 a year ago.
Shandong Chiway Industry Development Co Ltd, formerly Shandong Lipeng Co Ltd, is principally engaged in the composite anti-counterfeit printing of aluminum plates, as well as the manufacture and sale of anti-counterfeit bottle caps. The Companyâs products are composite anti-counterfeit printed aluminum plates, which are applied in processing and manufacture of aluminum anti-counterfeit bottle caps, as well as aluminum anti-counterfeit bottle caps and combined anti-counterfeit bottle tops, which are applied in packaging of products such as liquor, healthcare liquor and beer, among others. In addition, the Company provides aluminum strips, and related equipment and molds. The Company is also engaged in the landscaping and environment treatment businesses, such as ecological restoration, landscape construction, landscape planning and design, green conservation and nursery stock sales, among others.
SHANDONG CHIWAY INDUSTRY DEVELOPMENT CO.,LTD 
