China Reform Culture Holdings Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 26, 2021 at 04:00 am EDT
Share
China Reform Culture Holdings Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was CNY 46.707 million compared to CNY 84.915 million a year ago. Operating income was CNY 3.747 million compared to CNY 13.652 million a year ago. Net income was CNY 4.064 million compared to CNY 17.601 million a year ago. Basic earnings per share from continuing operations was CNY 0.0091 compared to CNY 0.0394 a year ago.
China Reform Culture Holdings Co Ltd, formerly Shanghai 3F New Materials Co Ltd, is a China-based company mainly engaged in cultural and educational businesses. The Company operates two main businesses. The culture and education business focuses on investment and construction, financial services, operation and maintenance in the education informatization field. The vocational education business focuses on the field of integration of production and education, uses digital technology to create training laboratory products and provides supporting services, and provides colleges and universities with practical teaching solutions that synchronize with industrial development.