Shanghai Qiangsheng Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 03:55 am EDT
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Shanghai Qiangsheng Holding Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 668.187 million compared to CNY 955.386 million a year ago. Operating loss was CNY 90.119 million compared to operating Income of CNY 208.334 million a year ago. Net loss was CNY 92.228 million compared to net income of CNY 154.371 million a year ago. Basic loss per share from continuing operations was CNY 0.0876 compared to basic earnings per share from continuing operations of CNY 0.1466 a year ago.
Shanghai Foreign Service Holding Group Co Ltd is a China-based company principally engaged in the provision of comprehensive human resources services. The Company is mainly engaged in five businesses. The personnel management business includes personnel policy consultation, personnel agency, statutory social insurance agency and employment and withdrawal management. The talent dispatch business includes comprehensive supporting services such as personnel administration, salary and welfare related to dispatched employees. The salary and welfare business includes payroll management services, health management services, and commercial welfare services. The recruitment and flexible employment business includes flexible employment services, mid-to-high-end talent search services and recruitment process outsourcing services. The business outsourcing business includes business process outsourcing services with the management of outsourced personnel as the core.