Zhejiang Golden Eagle Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 01:56 pm EDT
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Zhejiang Golden Eagle Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 192.109 million compared to CNY 271.923 million a year ago. Operating loss was CNY 746,908.38 compared to operating Income of CNY 14.887 million a year ago. Net loss was CNY 2.629 million compared to net income of CNY 6.886 million a year ago. Basic loss per share from continuing operations was CNY 0.007 compared to basic earnings per share from continuing operations of CNY 0.019 a year ago.
Zhejiang Golden Eagle Co Ltd is a China-based company primarily engaged in the textile business. The Company operates in six segments: Textiles, Textile Machinery and Accessories, Injection Molding Machines and Accessories, Clothing, New Energy Battery Materials and Processing and Others. The Company's main business is the research and development (R&D), manufacturing and sales of complete sets of linen, wool and silk textile machinery; linen spinning, silk spinning, weaving and garment making; R&D, manufacturing and sales of injection molding machinery series equipment; R&D, manufacturing and sales of lithium battery cathode materials.
ZHEJIANG GOLDEN EAGLE CO.,LTD. 
