Shanghai Broadband Technology Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 02:55 pm EDT
Share
Shanghai Broadband Technology Co.,Ltd announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 290.127 million compared to CNY 312.180 million a year ago. Operating income was CNY 689,920.26 compared to CNY 722,335.94 a year ago. Net income was CNY 664,566 compared to CNY 734,915.74 a year ago. Basic earnings per share from continuing operations was CNY 0.002 compared to CNY 0.0022 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 