Shanghai Broadband Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:48 am EDT
Share
Shanghai Broadband Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 119.821 million compared to CNY 207.132 million a year ago. Operating loss was CNY 668,290.73 compared to operating Income of CNY 689,920.26 a year ago. Net loss was CNY 675,614.79 compared to net income of CNY 664,566 a year ago. Basic loss per share from continuing operations was CNY 0.0021 compared to basic earnings per share from continuing operations of CNY 0.002 a year ago.
Shanghai Broadband Technology Co., Ltd is a China based company principally engaged in the processing and sales of steel products. The Company's main products include cold drawn shaped steel tubes, cold drawn and cold-rolled seamless steel tubes, medium and low pressure and high pressure boiler tubes, copper rifled tubes for power station high pressure boilers, expansion joints of highway and bridge steel, corrugated beam guardrail, high frequency welded pipes for industrial heat exchangers tubes bundle, bellows, bellows expansion joints and metal hose. In addition, The Company is also engaged in the commodity trading of fuel oil, steel, billets and metallic materials. The Company operates its business in the domestic market and overseas markets.
SHANGHAI BROADBAND TECHNOLOGY CO.,LTD 
