Shenzhen Hongtao Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
April 29, 2020 at 01:16 pm EDT
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Shenzhen Hongtao Group Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was CNY 4,030.647 million compared to CNY 3,925.766 million a year ago. Operating income was CNY 94.892 million compared to operating loss of CNY 424.029 million a year ago. Net income was CNY 36.517 million compared to net loss of CNY 421.957 million a year ago. Basic earnings per share from continuing operations was CNY 0.0292 compared to basic loss per share from continuing operations of CNY 0.3377 a year ago. Diluted earnings per share from continuing operations was CNY 0.0292 compared to diluted loss per share from continuing operations of CNY 0.3075 a year ago.
SHENZHEN HONGTAO GROUP CO., LTD., formerly Shenzhen Hongtao Decoration Co., Ltd., is a China-based company principally engaged in the design and construction of public decoration engineering projects. The Company is mainly engaged in public building decoration engineering projects, residential building decoration engineering projects and design business. The Company is also involved in professional and vocational education business, including postgraduate entrance examination training, construction training, medical training, design training and judicial training. The Company operates its business mainly in domestic market.
SHENZHEN HONGTAO GROUP CO.,LTD. 
