Shanghai Yanhua Smartech Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 24, 2020 at 12:12 pm EDT
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Shanghai Yanhua Smartech Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 918.153 million compared to CNY 1,135.917 million a year ago. Operating income was CNY 16.211 million compared to operating loss of CNY 341.021 million a year ago. Net income was CNY 23.094 million compared to net loss of CNY 285.704 million a year ago. Basic earnings per share from continuing operations was CNY 0.03 compared to basic loss per share from continuing operations of CNY 0.4 a year ago.
SHANGHAI YANHUA SMARTECH GROUP CO., LTD is a China-based company, principally engaged in the intelligent building business. The Company operates its business through general contracting of consulting, planning, design, construction as well as latter operation and maintenance intellectualization projects. The Company's main business covers intelligent building projects, intelligent medical projects, and intelligent energy saving projects, among others. In addition, it is engaged in the software and consulting services, as well as the sales of intelligent electronic products. The Company operates its business in domestic markets, with East China as its main market.
SHANGHAI YANHUA SMARTECH GROUP CO., LTD. 
