Zhejiang Huamei Holding Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 04:22 am EDT
Share
Zhejiang Huamei Holding CO., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 295.837 million compared to CNY 356.636 million a year ago. Operating loss was CNY 45.327 million compared to CNY 9.067 million a year ago. Net loss was CNY 37.635 million compared to CNY 9.950 million a year ago. Basic loss per share from continuing operations was CNY 0.037 compared to CNY 0.0098 a year ago.
Zhejiang Huamei Holding Co Ltd is a China-based company principally engaged in advertising planning and distribution, newspaper distribution and printing, education and other businesses. The Company primarily operates through two segments. Newspaper Publishing Industry Advertising Planning and Printing Related Business segment mainly provides products and services, including design, production, agency, and release of domestic advertising (except online advertising release), planning of cultural and artistic exchange activities, exhibition services, publications, packaging and decoration, other printed matter printing (limited to branch operations), wholesale, retail, printing equipment, and printing supplies. Education and Training Business segment mainly provides products and services, including educational management, educational consulting, vocal training, dance training, technology development, technology transfer, technical consulting, technical services, and technical training.
ZHEJIANG HUAMEI HOLDING CO., LTD. 
